The 64% rally in Nykaa shares crowns the country the internet leader, but do rich valuations justify the risk-reward ratio?

Shares of FSN E-Commerce Ventures have staged a sharp comeback, rising 64% over the past year to emerge as the top performer in the internet space amid signs of an operational turnaround. However, Nykaa’s parent company’s valuations raise concerns about whether the current price offers a favorable risk-reward proposition and whether the stock has enough […]

Rates, worldwide growth, geopolitics pose risks to India’s prospects; GST cut to stimulate the question: Upasana Chachra, Morgan Stanley

Industrial growth is a highlight of four months in July, but the process for the coming months will depend on the export performance and the impact of higher rates, according to Upasana Chachra, Chief India Economist at Morgan Stanley. The index of industrial production (IIP) rose by 3.5%in July, partly due to the export of […]