A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024. Illustration: Dominic Xavier/Rediff.com It's......
About two-thirds of the incremental net income of the Nifty 50 over FY19-24 has come from companies in relatively low-valued sectors such as banks, diversified financials, IT services, and metals......
The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. Illustration: Dominic......
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.''Wealth destruction is inevitable.'......
'Investors need to be stock specific and should not rush to buy stocks at the current levels.' IMAGE: The Bombay Stock Exchange building. Photograph: Punit Paranjpe/Reuters Pre-election......