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Consequently, the market is likely to become more stock-specific and we anticipate that high-valuation sectors may consolidate in the near term if they lack new earnings growth drivers. Nonetheless, we continue to find opportunities across the market.
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News and Media
The Indian market has entered 2025 with a sense of caution, reflecting both domestic and global uncertainties. PL values NIFTY at a 2.5% discount to the 15-year average PE, which is 18.5x compared to the average 19.0x.
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News and Media
Italian Premier Giorgia Meloni aims to strengthen ties with U.S. President-elect Donald Trump, potentially positioning herself as a key European intermediary. Meloni's recent visit to Trump's Mar-a-Lago retreat signals a promising relationship, yet her nationalist stance and alliance with Trump could challenge European unity, especially in trade and defense spending disputes.
Category:
News and Media
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