Mumbai, March 25 (IANS) India is at the cusp of a new investment upcycle and domestic equities are currently trading at fair valuations relative to global peers, a new report showed on Wednesday.Nifty 50 is at approximately 20 time P/E (Price-to-Earnings) — below its recent historical averages. The valuation comfort is supported by robust macroeconomic fundamentals, including expected GDP growth of 7.3–7.5 per cent and steady earnings expansion, according to the report by Emkay Global Financ…
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