BSE500 headline P/E declines, but value of most companies rises
The headline valuation of the broader market has declined in the past one year owing to a sharp rise in the profitability of companies in cyclical sectors such as banking, metals, and oil and gas. However, a majority of the listed companies have seen a rise in their valuations in the past 12 months. Read more
LIC DRHP unlikely to reveal size of IPO; Board to meet again on Sunday
The draft red herring prospectus (DRHP) for the initial public offering (IPO) of Life Insurance Corporation of India