Hence, it is important to focus on valuations, earnings and the quality of those earning. These are the parameters which matter and we are witnessing some deterioration in all three parameters.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on