The MSCI India Index trades at a 157% premium over the China gauge on valuations based on forward earnings estimates, just 3 percentage points short of the record reached in October 2022, according to data compiled by Bloomberg.
Shares of IRB Infrastructure Developers surged up to 8% after the company reported a 25% YoY rise in toll revenue to Rs 807 crore in
ESDS Software Solutions shares fell sharply on Thursday after surging 235% from their IPO price in four sessions. While strong demand for cloud, AI infrastructure,
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