The Indian rupee continues to lose value. Yet, economists believe it is still overvalued based on the real effective exchange rate (REER). Since November, the rupee has fallen about 2 percent. Experts expect the rupee to stay under pressure until clarity on Donald Trump’s policy decisions. Inflation trends will also affect the rupee’s valuation.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,