Global stocks are set for their largest annual gain in six years. This surge is driven by the Federal Reserve’s interest rate cuts and strong interest in artificial intelligence companies. Precious metals like gold and silver are also experiencing significant jumps. However, Bitcoin faces a decline.
India valuations hit 6-year low, but stocks still expensive than EM peers
India’s equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a