In a recent report, foreign brokerage firm CLSA has expressed caution regarding the current valuation levels in the Indian stock market, describing it as not only stretched but also the most expensive large market globally.
Despite remaining bullish on certain stocks, including Reliance Industries, HDFC Bank, ICICI bank, Infosys, L&T, Axis Bank, Sun Pharma, Oil & Natural Gas, SBI Life Insurance, IndusInd bank, Hindalco, and ICICI Prudential life, CLSA warns that the elevated starting…
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