Though the market saw a bounce-back from 16,747, the move got capped at 50% of the retracement of the fall (18,096-16,747) around 17,429. Consensus expectations of Nifty EPS for FY23 broadly remain in a range of 850-865, implying 20 times forward PE limiting the downside and India maintaining its premium.
ETMarkets Smart Talk | Fed, inflation, rupee: How investors should navigate India’s 7%+ bond yields, says Vineet Agrawal
With the 10-year government bond yield moving above 7%, investors are once again facing a key question: is this an opportunity to lock in attractive