The MSCI India index—a benchmark for global fund managers to assess the country’s investment performance—now has a valuation premium of 96% and 39% over the MSCI Emerging Markets and the MSCI World indices, respectively. Over the long term, India has traded at 45% and 8% premium to the EM and DM markets.
Negative Breakout: These 7 stocks cross below their 200 DMAs
200 DMA: Rs 1429.84| LTP: Rs 1406.3