Crude is rising, dollar is strengthening again, US bond yields are rising, the US-China trade deal is not so good for India at least sentimentally and from a flows perspective, and the recent geopolitical stress has also taken out some shine from India. Valuation premiums could contract for India in the near to medium term and given that we do not have much upside room in terms of valuation left, we could be in a very narrow range market.
Meesho’s growth story is still in its early stages: Vidit Aatrey
Meesho is democratizing internet commerce in India. The company aims to bring millions of businesses and hundreds of millions of consumers online. Meesho’s strategy focuses