The reason for valuations to be at this level is because corporate balance sheets are in the best of health and the debt-to-equity is at the lowest historical levels of 0.55, while companies’ capacity utilisation is at 80%, he said.
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin