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Indian equities surged to new highs on Monday as investors reacted positively to the likelihood of the Bharatiya Janata Party (BJP) winning with a strong majority based on exit polls. Benchmark indices jumped over 3%, the biggest gain in four years.
Indian shares will likely open higher on Friday, following five straight session of losses, although caution ahead of the results of the national election next week is expected to keep gains in...
Markets open flat amid global weakness, focus shifts to election outcome, Nifty futures indicate marginal gain.
Strong fundamentals and reduced government intervention drive a surge in public sector companies
The current price-to-earnings multiple of most electronics manufacturing services companies, including Dixon, Kaynes Tech, Syrma SGS Tech, and Avalon Tech, is higher than their five-year average PE ratios