The MSCI India index—a benchmark for global fund managers to assess the country’s investment performance—now has a valuation premium of 96% and 39% over the MSCI Emerging Markets and the MSCI World indices, respectively. Over the long term, India has traded at 45% and 8% premium to the EM and DM markets.
Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why
Vedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with ‘Buy’ ratings and target prices of Rs 560 and