South Korea and Taiwan’s equity markets are outperforming India, driven by a few tech giants like TSMC and Samsung. While Taiwan’s market cap grew 54% and South Korea’s 81%, India’s market cap has shrunk 7% amid significant FPI outflows. India’s market boasts a much larger number of actively traded stocks compared to its peers.
Auto sector still robust, but limited upside left at current valuations: Anand Tandon
Market expert Anand Tandon observes that while the Indian auto sector shows resilience, its optimism is largely priced into current valuations, which appear stretched globally.