This means India’s valuations are more or less similar to or lower than long-time averages, but they have still not fallen to levels that give investors comfort to put money aggressively.
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction.
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