Indian equities now trade at around 23 times next year’s expected earnings, exceeding even the US, and outpacing the 17 for Japan and about nine for China, according to data compiled by Bloomberg based on MSCI Inc.’s indexes.
Global markets face complex risks from geopolitical tensions and fragmented oil prices. Economist Jahangir Aziz highlights that Brent crude is not the sole indicator. He
Brokerages remain bullish on select stocks despite near-term challenges. Motilal Oswal maintains a Buy on LG Electronics India citing strong demand, while Nuvama backs PG
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