Over the last 12-18 months, given the sideways trajectory of the benchmark indices, India’s absolute as well as relative (to other emerging markets) valuations have come off. This, in our view, should provide some stability to the markets.
Over the last 12-18 months, given the sideways trajectory of the benchmark indices, India’s absolute as well as relative (to other emerging markets) valuations have come off. This, in our view, should provide some stability to the markets.
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