Indian equity valuations, while below historical averages, remain elevated compared to Asian peers, raising concerns amid slowing earnings growth. Foreign investors are paring exposure due to the combination of rich valuations and decelerating nominal GDP growth. Fund managers suggest considering sector weights within Indian indices for a more accurate valuation assessment, as consumer-heavy indices inflate overall metrics.
Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years
Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to