India’s equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a weaker rupee, and rising crude prices. Despite lower valuations, overseas investors remain hesitant to invest in Indian equities due to comparative valuations. The MSCI India Index trades at a premium compared to other emerging markets, influencing foreign investor sentiment.
Jio IPO allotment likely today: GMP signals 22% listing gains — Here’s how to check status
The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other