nifty: Wide earnings yield gap signals muted stock gains in near term
Mumbai: Has the stock market run up too fast, too soon? The gap between Nifty‘s estimated earnings yield and the yield on a 10-year government bond is showing that the 10% rebound in the key indices might be excessive. The spread between Nifty earnings yield vis-a-vis the 10-year GSec yield has widened the most since … Read more