Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers

India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng…

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Mullanpur stadium ready for its first international matches despite rain concerns | Cricket News

CHANDIGARH: The Maharaja Yadavindra Singh International Cricket Stadium in New Chandigarh (Mullanpur) will host its first international fixtures next week when the Indian women’s team take on Australia in two One Day Internationals (ODIs) on Sept 14 and 17, as part of the Australia women’s tour of India.In the run-up to the matches, the Punjab…

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Infosys buyback: Rs 18,000 crore at 19% premium excites stock market; here’s what experts recommend for investors

Infosys’ announcement of its largest-ever share buyback, valued at Rs 18,000 crore and priced at Rs 1,800 per share, has sparked investor interest. The offer, representing about 10 crore shares or 2.41% of the company’s equity, comes at a 19% premium over Thursday’s closing price of Rs 1,512 and is positioned as a “buy on…

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Pakistan cricket legend Wasim Akram makes bold Asia Cup prediction: ‘India look stronger but…’ | Cricket News

India and Pakistan clash in the Asia Cup on September 14 (Images via Getty Images) Cricket legend Wasim Akram believes Pakistan can rise to the occasion against defending champions India when the two rivals collide in the Asia Cup in Dubai on Sunday. The contest, their first meeting since May’s military conflict, has already gripped…

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