Wednesday, September 14, 2022

Daily Voice | Entry of Indian bonds in global index to ease dollar pressure on rupee, says this seasoned wealth manager

Unmesh Kulkarni Indian equity market valuations are slightly on the higher side vis-à-vis historical averages, with the Nifty 1 year forward P/E at about 20x, which opens up the possibility of a correction – price correction or time correction – until earnings catch up with the valuations.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-entryindian-bondsglobal-index-to-ease-dollar-pressurerupee-says-this-seasoned-wealth-manager_16623541.html

No comments:

Post a Comment

Bulls return to D-Street as falling oil prices ease geopolitical jitters

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. T...