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India’s market cap-to-GDP ratio indicates steep valuations, should investors worry?
India’s market cap-to-GDP ratio has moved from 56% in FY20 GDP and now stands at 106% (FY21E GDP) which is way above its long-term average of 75%
India’s market cap-to-GDP ratio has moved from 56% in FY20 GDP and now stands at 106% (FY21E GDP) which is way above its long-term average of 75%
