The Indian market closed flat on Tuesday with a positive bias. The S&P BSE Sensex closed above 80,700 levels while the Nifty50 held onto 24,600.
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions
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