The shift from a regime of secular stagnation to one of reflation is contributing to both a broadening of global earnings growth and significantly higher dispersion in company results and performance.
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No low-hanging fruits in this market; be ready for healthy real returns but lower nominal returns: Prashant Jain
Prashant Jain, CIO, 3P Investment, observes that the Indian market is fairly valued. He notes reduced valuation dispersion across sectors. Nominal GDP growth is around 10-12%. Profit growth should ...
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