“I’ve been cautious about valuations for some time. Revenue growth had been slowing for several quarters, and now even profits are lagging. I haven’t had to make major adjustments to my portfolio, as I’ve maintained a conservative stance.”
Zepto plans to file for an IPO around March-April 2024 after securing approval to move its holding entity to India from Singapore. The National Company
In 2025, Nifty’s returns are expected to be muted due to high valuations and global uncertainties, including Trump’s policies and rising dollar. CLSA favours commodities
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