We are seeing development of a multi-year bull run in India: Vikas Khemani
Valuation is a function of two things, earnings growth and interest rates; a 150 bps drop in interest rates increases the value of equities approximately by 25% even if everything else remains the same.
Valuation is a function of two things, earnings growth and interest rates; a 150 bps drop in interest rates increases the value of equities approximately by 25% even if everything else remains the same.