Valuations have moved up but they have to be viewed in the context of the overall growth environment. Large-cap share valuations are at a relatively modest 10-15% premium to their historical averages.
Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30
Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry
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