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Valuation, US tariff concerns weigh on mkt
The New Indian Express Bhubaneswar
|February 11, 2025
Bigger pain felt in smallcap, midcap segments with these indices falling 11% and 8%, respectively, in 2025; investors
DOMESTIC stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the first time in 5 years and optimism surrounding the Union Budget. Further, a win by PM Narendra Modi's BJP in the Delhi state elections failed to lift sentiments.
Market experts feel concerns related to a possible tariff hike by the US has overshadowed the positivities. The street has also turned its focus on the valuation of the Indian market after valuation expert Aswath Damodaran in his latest blog wrote that the Indian stock market is the most expensive globally, even more than the US and China, and that no amount of optimism about India's growth story can justify its steep valuations.
Cette histoire est tirée de l'édition February 11, 2025 de The New Indian Express Bhubaneswar.
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