India Inc. waits for its election outcome next month with abated breath, with high hopes for a stable government to take centre stage. However, the macro problems affecting the economic growth of the country, such as slow investment growth, high inflation and rising current account deficit continue to plague its economic growth.
For quarter ended Dec ’13 too, Capital intensive sectors took a hit on the back of sluggish construction activity and slowdown in order inflow, while companies in the global sectors outperformed.
In this backdrop, let’s look at how the Nifty 50 companies performed in Q3 of FY13-14? Has the market overvalued or undervalued Nifty vis-à-vis its MRP, and, what should investors do?
Let’s find out…Read more