BofA believes the Nifty's recent outperformance against small and midcap stocks and large emerging markets could continue. It also sees room for valuation expansion, with the benchmark currently trading at around 18.3 times earnings, close to its long-term average.
BofA believes the Nifty's recent outperformance against small and midcap stocks and large emerging markets could continue. It also sees room for valuation expansion, with the benchmark currently trading at around 18.3 times earnings, close to its long-term average.
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