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Valuation Comfort: JPMorgan's Mookim Favors India's Large-Cap For Steady Earnings Compounding

As reported by NDTV Profit - Latest
In the current market scenario, Mookim believes that given India's status as a duration asset with multi-year earnings growth potential, 'investors can happily buy a bunch of 'largecaps' and wait patiently for earnings to compound'.
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JPMorgan's Mookim recommends Indian large-cap stocks, citing India's status as a duration asset with significant multi-year earnings growth potential. He advises investors to confidently acquire large-caps and patiently await the compounding of their earnings for long-term…

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