NEW DELHI : Seven of the top 10 national companies experienced a combined erosion of ₹59,259.58 crore in its market valuation last week, with Hindustan Unilever, HDFC Bank and Kotak Mahindra Bank emerging as the main laggards. The seven companies that posted losses in their market capitalization (m-cap) were Hindustan …
Read More »Buffett indicator: Watch out! Buffett indicator for India sending wrong signals
[ad_1] NEW DELHI: Is Buffett’s indicator sending a false alarm? Analysts feel that way. The market capitalization to GDP ratio, also known as the Buffett indicator, for India has breached its Global Financial Crisis (GFC) low of 56, and is now trading just above the 2005 level of 52. Named …
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