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What is GAIL Ltd: Market Update & Outlook about?

On back of continued reforms and liquidity, the Indian market has performed exceptionally well during last six months. The result season has also started with positive note, but the market has already run up before that. Under the circumstances the overall valuations looks stretched. In fact the market cap to GDP ratio is above the historical average of Indian market. Historical average is at 78 while the current market cap to GDP ratio is around 80. It shows the confidence and good performance of the econo

Author

Jhaveritrade

Language

EN