Experts expect the trend to continue in the near term.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Hosts Karnataka amassed three points on the basis of their crucial first-innings lead as their Elite Ranji Trophy Group A game against Mumbai ended in a tame draw in Belagavi.
A round-up of Ranji matches played on Monday
Indian companies typically have higher return on equity.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
A summary of the day's play in the Ranji Trophy matches at different venues around the country.
Round-up of the Ranji Trophy matches being played in different parts of the country.
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