The markets have been adjusting to a normal world versus how the market used to be earlier in terms of looking at extremely low interest rates as a base case forever. This has hit global demand as well as the growth outlook for Indian companies. In the last two to three quarters, earnings have been fairly muted in India. Today, we are in midst of bad news which in a way is now starting to give attractive prices for Indian equities.
from Economic Times https://ift.tt/ZyvO2NG
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