Expert view: Market wants clarity on govt’s spending plan; rate cut cycle may be shallow, says Khanna of Purnartha
Edited excerpts: What is your assessment of the current market structure? Where is the Indian stock market heading? There are two ways that I would look at the current situation: 1. Versus pre-COVID: The Nifty 50 is currently trading at nearly 22.5 times the trailing 12-month (TTM) price-to-earnings (PE) ratio, compared to 26.5 times (three-year … Read more