There is still some downside to valuations. So, this sort of time correction that we have seen in financials from a longer-term perspective would continue for another couple of years.
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
Benchmark indices Sensex and Nifty 50 fell by 2.6% each due to a global sell-off triggered by U.S. tariff actions. IT stocks suffered the most,
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