The consultation paper comes pursuant to the 2023-24 budget announcement which called for simplifying, easing and reducing cost of compliance by comprehensive review of existing regulations.
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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