We are now trading at 20 x F2024 earnings, which is in line with our 5-year average multiples. However, if we were to look at YTD numbers, MSCI India is down 2%, underperforming NASDAQ by 23% and MSCI World by 10% and MSCI EM by 4%.
Gold prices rise, marking six weeks of gains, due to increasing U.S.-China trade tensions. Spot gold reaches a record high, while experts cite uncertainty around
Oil prices rose on Friday as new sanctions were imposed on Iran’s crude exports, but they fell over the week due to concerns over U.S.
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