BNP Paribas fears lofty valuation of India’s equity markets

BNP Paribas fears lofty valuation of India’s equity markets

BNP Paribas, one of France’s largest banks and global equity research house, says that India’s premium valuation to the global peers and other Asian markets is unsustainable. Even as markets in the US, Europe and other Asian countries are down between 7 per cent and 23 per cent year to date, India’s Sensex and Nifty … Read more