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India stocks command a near-record 157% premium over China peers
Credit: IndiaTimes- Published on January 16, 2024
Indian stocks are trading near their most expensive levels against battered Chinese peers, underscoring a growing divergence in investor preference between the two emerging market leaders.The MSCI India Index trades at a 157% premium over the China gauge on valuations based on forward earnings estimates, just 3 percentage points...
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