Stock Market News 24.08.2018
Why India’s stock market rally lacks depth Analysts believe the top 10 shares by market value will continue to outperform and lead the Indian index, given the backdrop of a weaker rupee and their stronger earnings growth. Gautam Chhaochharia, head of India Research at UBS, said the rally in the top 10 firms had largely to do with the strength in earnings. “It’s about markets sticking to visible growth,” he said. Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd. Fill Our Free Trail Form