India back on investors’ radar as valuations ease: Amundi’s Florian Nito

Florian Neto, Head-Investment-Asia, Amundi says India’s valuations are turning attractive, GST could boost consumption, while China remains the hot topic for investors.

Florian Neto, Head-Investment-Asia, Amundi says India’s valuations are turning attractive, GST could boost consumption, while China remains the hot topic for investors.

After a 17.4% correction in the Nifty IT index this year so far, most IT stocks are trading well below the average valuation in the last five years.

In August, Adani Ports’ logistics rail volumes stood at 57,347 twenty-foot equivalent, up 8% from last year, and the General Purpose Wagon Investment Scheme (GPWIS) volume was at 1.69 MMT, up 3% from the year-ago period.

The government has removed all curbs on ethanol production from sugarcane juice, sugar syrup, and both B-heavy and C-heavy molasses for the 2025-26 sugar season.

Tata Motors added that it will provide requisite disclosures as and when received from JLR.

Of the 17 analysts that have coverage on Phoenix Mills, 14 have a “buy” rating, one has a “hold” rating and two have a “sell” rating.

The project is strategically located as it is connected by Greater Noida Expressway, Metro (Aqua line), Yamuna Expressway and the Eastern Peripheral Expressway. It is 34 km from the upcoming Jewar International Airport.

While HSBC has highlighted improvements in several drivers of equities, it believes the near-term upside remains limited.

Sensex Today | Stock Market LIVE Updates: The Nifty began the new week and month on a positive note, reversing some of last week’s losses. The index closed above the mark of 24,600, despite the banking index underperforming,, and the…

Equity-index futures for Japan pointed to a modest gain after chip stocks pushed the Nikkei-225 index lower Monday. Contracts also indicated modest moves for Hong Kong and Australia.