
BofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit expansion. Elevated valuations over emerging market peers and domestic bonds suggest limited upside, with returns likely in…
India's stock market has lagged behind other Asian markets. This underperformance has made Indian stocks less expensive. Investor expectations are now lower. The market is positioned for potential gains if global risks decrease. Valuations are no longer stret…