The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.
'Investing in the stocks of holdcos can be a very efficient and inexpensive way of gaining exposure to the stocks of India's reputable growing business houses.'
Bengal batsmen cut a sorry figure on home turf to be bowled out for 147, giving Kerala an upperhand in their Ranji Trophy Elite Group B match at the Eden Gardens, in Kolkata, Tuesday.