[ad_1] India has become the most expensive market in the world, and no amount of optimism about the country’s growth story can justify paying sky-high multiples for its companies, according to renowned valuation expert Aswath Damodaran. Company Value Change %Change In his recent blog post, Damodaran argues that India’s pricing metrics are unsustainable and put […]
US markets, Elon Musk’s Tesla and bitcoin buoyed by Trump’s win – CNBC TV18
[ad_1] The US stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: the Mexican peso, solar-power companies and potentially anyone worried about higher inflation. The S&P […]
Explained: How US election outcome could affect global and Indian markets – CNBC TV18
[ad_1] With the 2024 US presidential election underway, global markets are on edge, awaiting the outcome of the fierce competition between Kamala Harris and Donald Trump. Each candidate’s distinct vision on trade, immigration, and economic policy could bring vastly different implications for global investors and industries. From energy to technology, sectors worldwide are closely assessing […]
Chinese stocks see choppy trade as investors debate next move – CNBC TV18
[ad_1] Chinese stocks fluctuated in early trading Tuesday amid growing debate over how far the rally can go. The CSI 300 Index was down 0.3% as of 10:28 a.m. local time, after falling as much as 1.4% earlier. It rose 1.9% on Monday. A gauge of Chinese shares listed in Hong Kong slipped 0.5%. Volatility […]