The spread between earnings yield, which is the inverse of the price-earnings (P/E) multiple and bond yield rose to 258 basis points, the highest in the five years, according to Bloomberg data.
The government’s 100% FDI in insurance is expected to boost sector penetration rather than disrupt established players, according to Nitin Raheja. While smaller insurers may
Defence stocks face continued selling pressure, with technical indicators suggesting further weakness. Geojit Investments’ Anand James advises caution against premature bottom-fishing in the sector. Meanwhile,
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