The yield gap is a sign of how far the market is underpriced or overpriced. A negative yield gap indicates markets are overheating and maybe overvalued if you go purely by the quants.
India’s macro setup stable, but markets await earnings firepower: Hemang Jani
Hemang Jani suggests favoring Swiggy, Eternal, or Policybazaar over Nykaa among new-age companies, citing Nykaa’s lackluster performance. He anticipates stable market conditions with a focus