"India is not in balance sheet recession so I don’t recommend fiscal stimulus."
India still has a competitive, nominal yield on a bank, says Prudential plc group CEO
Rollovers stood at 82% compared to average of 84% in last three series.
ET takes a look at five constituents of the Nifty index that contributed to most of the rally.
With Thursday’s fall, the BSE MidCap index has retreated 3.8 per cent from its all-time high.
Companies in India are allowed to go for direct listing only under two circumstances.
It was one of the fastest 1,000-point rally charted by the Sensex in recent years.
The 10,500 strike holds the highest amount of open interest among put options at 75 lakh shares.
The valuation gap between the benchmark Sensex and the MidCap index has also stretched.
We feel India’s valuations are stretched and if there is better risk-reward elsewhere, that’s where we go.
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