Indian markets remain expensive, investors can allocate 15% to US equities
Thu, Nov 28, 2024 11:01 AM

Indian markets remain expensive, investors can allocate 15% to US equities

A Flip by Shubhangi Gupta
Get it on Google Play
Emkay Wealth Management warns that Indian stocks are overvalued and recommends diversifying portfolios to overseas markets like the US, which offers a good amount of diversification. An ideal allocation would be 50:50 equity and debt, with 30% equity in US stocks, providing a hedge against expensive Indian markets.

More great flips

Medicamen Bio Consolidated September 2024 Net Sales at Rs 44.74 crore

Medicamen Bio Consolidated September 2024 Net Sales at Rs 44.74 crore

Medicamen Biotech's consolidated quarterly results show a 2.76% increase in net sales to Rs 44.74 crore in September 2024, while quarterly net profit decreased by 1.37% to Rs 1.46 crore. EBITDA rose 8.09% to Rs 5.61 crore, and shares closed at 442.65 on November 26, 2024, with -15.47% returns over 6 months and -30.40% over 12 months.

Open Flip
Tolins Tyres Consolidated September 2024 Net Sales at Rs 76.88 crore

Tolins Tyres Consolidated September 2024 Net Sales at Rs 76.88 crore

Reported Consolidated quarterly numbers for Tolins Tyres are: Net Sales at Rs 76.88 crore in September 2024 up 64.24% from Rs. 46.81 crore in September 2023. Quarterly Net Profit at Rs. 9.60 crore in September 2024 up 13.46% from Rs. 8.46 crore in September 2023. EBITDA stands at Rs. 15.35 crore in September 2024 up 16.2% from Rs. 13.21 crore in September 2023.

Open Flip
Banco Products Consolidated September 2024 Net Sales at Rs 894.93 crore

Banco Products Consolidated September 2024 Net Sales at Rs 894.93 crore

Reported Consolidated quarterly numbers for Banco Products (India) are: Net Sales at Rs 894.93 crore in September 2024 up 23.51% from Rs. 724.56 crore in September 2023. Quarterly Net Profit at Rs. 138.70 crore in September 2024 up 109.8% from Rs. 66.11 crore in September 2023. EBITDA stands at Rs. 222.58 crore in September 2024 up 77.3% from Rs. 125.54 crore in September 2023.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon