Indian stock markets look cheaper than those in the US based on a key valuation measure. Despite being above historical averages, Indian markets are considered fairly valued. This is due to strong earnings growth and positive economic outlook. Bond yields have also fallen, supporting this view. Higher market valuations are expected in the coming quarters.
Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%
Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international