And markets have taken into stride that there is political stability, there is political continuity and I think the other very important aspect is that today the confidence in the earnings growth is fairly high.
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions
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