Skepticism Runs High as Indian Stocks Stage Swift Rebound in April

BofA analysts say Nifty still expensive relative to EM peers.
Source
Bloomberg Markets
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BofA analysts say Nifty still expensive relative to EM peers.
Source
Bloomberg Markets
Opens original article in a new tab

The Indian rupee has become Asia’s best-performing currency since the central bank cracked down on speculation late last month, with most positions unwound ahead of Friday’s deadline, traders said.

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