The top 10 securities by weight rose about 95 per cent on an average this year.
The market is currently pricing a 75% probability of two interest rate increases by the Fed.
The company aims to expand content per vehicle as it gears up for the shift in the auto market.
The Maruti stock’s 86% rise this year has seen it hit the five-figure mark on BSE and enter the top five in market value for the first time.
The 49% increase has taken India's market capitalisation to $2.28 trillion.
Nifty now trades at 22x its FY19 earnings, making India one of the most expensive by market cap.
ET 500: ‘We’ll continue to grow much faster than the industry due to our process efficiency & pipeline of new products’
Vinati Organics’ low prices, made possible by cost-efficient processes, have forced many players to exit the market, helping it establish leadership
Some obvious names in our portfolio based on coffee can principle are TCS, Infy and ITC.
These cos have improved market share and are likely to show better earnings growth.
The sustenance of the elevated P/E ratio has translated into single-digit return in the next year.
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