Although India has experienced smaller declines compared to some global markets, it remains a compelling destination for foreign investors due to its strong long-term structural prospects and transformational phase, said Taher Badshah, chief investment officer at Invesco Mutual Fund. This is not a bubble, but there are some sectors like […]
invesco mutual fund
A rally fuelled by robust fundamentals has led to a re-rating in the infrastructure and capital-goods sectors, pushing several stocks into what seems like overvalued territory. Several infrastructure and capital-goods stocks are trading above their 10-year average price-to-earnings (PE) ratio. The PE ratio compares a company’s stock price to its […]