With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank
"Investors have realised the trouble in the debt markets is not systemic and it has been business as usual for fund houses with good quality underlying debt paper," Naren said
The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.
Half of Nifty 50 stocks are trading at single-digit P/E ratio
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals
Good growth in high-margin products, persistency and reach augur well; risk-averse investors could buy the dips
Experts said the correction seen in the past one year was inevitable as valuations had become unsustainable
More than a third of Sensex and BSE 500 stocks are trading at levels last seen before the 2008 crash