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Auto, private banks, telecom among sectors trading at a discount, says MOFSL

Apart from five sectors, which constitute one-third of the overall market, all others are trading at a premium to their historical long-period averages, MOFSL noted ....

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MSCI EM index: India regains the second spot on MSCI EM index

India now has a weighting of 15.5% on the MSCI Emerging Market Index (EM), compared with 15.11% for Taiwan. India s weighting has climbed from 12.97% end-January, when Taiwan s weighting was 14.42%. ....

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