Even after the recent declines, India remains the second-most expensive country after the US with the Price to Earnings (PE) ratio — a popular valuation measure — at 20.97 times compared with nearly 10 times of Chinese stocks.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce