The MSCI India Index trades at a 157% premium over the China gauge on valuations based on forward earnings estimates, just 3 percentage points short of the record reached in October 2022, according to data compiled by Bloomberg.
Apple Event 2026 impact: Redington shares jump 5% after Apple unveils first-ever foldable iPhone
Apple’s entry into the foldable smartphone market could benefit Redington, a key Apple distribution partner in India and other markets. Analysts expect the launch to