Trade deal removes year-long overhang, valuations give room for multiple expansion: Trilok Agarwal
The India-US trade deal has significantly improved India's investment climate and export competitiveness, shifting the outlook for Indian equities to a decisive risk-on stance. With benchmark valuations below long-term averages, this reset creates headroom for multiple expansion alongside improving earnings visibility, particularly benefiting sectors like pharmaceuticals and gems.
Synopsis
The India-US trade deal has significantly improved India's investment climate and export competitiveness, shifting the outlook for Indian equities to a decisive risk-on stance. With benchmark valuations below long-term averages, this reset c... [5305 chars]
Published by: The Economic Times
Read full article here: https://economictimes.indiatimes.com/markets/expert-view/trade-deal-removes-year-long-overhang-valuations-give-room-for-multiple-expansion-trilok-agarwal/articleshow/128311272.cms
