While the Indian market has given 27 percent returns year-to-date (YTD) in dollar terms, it is still trading at 13.5 times forward earnings, says Macquarie's Rakesh Arora. They have replaced Idea Cellular with Reliance Industries (RIL) in their top-10.
While the Indian market has given 27 percent returns year-to-date (YTD) in dollar terms, it is still trading at 13.5 times forward earnings, says Macquarie's Rakesh Arora. They have replaced Idea Cellular with Reliance Industries (RIL) in their top-10.
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