Interest expenses of listed firms (ex-BFSI) were up 18.5% YoY in Q2FY23
Vehicle registrations and power generation is higher than before
Combined net of 441 firms up 5.8% YoY, slowest growth rate in 9 qtrs
Weekly vehicle registrations surge to nearly 600,000
Indian Railways registers higher growth in quantity of goods carried
Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe
Railway freight indicators growing slower than before
Equity valuations in India are among the highest globally on expectations of faster earnings growth
India's equity markets are on a roller-coaster ride, but brokerages see further upside for stocks that delivered more than 50 per cent returns to investors
Better aviation traffic in seven days to Oct 2, freight numbers improve
M-cap of Adani group goes up 55.2%, while Tata and Ambani biz houses' declines 10%
The recent decline in the US equity market has revealed a significant valuation gap between the Indian and the US equity markets
The Indian equity market is, however, a global outlier and remains firmly in the bull phase - both in local currency and in constant currency terms
Decline also seen in vehicle registrations, railway freight growth
Yield spread between Sensex earnings and US 10-yr G-Sec narrowest in 12 years
The current spread is nearly 142 bps lower than the 10-year average spread of 518 bps, and 66 bps lower than the 20-year average spread of 442.3 bps
This could result in a further rise in bond yields in major economies including India
Spread between 10-yr G-sec and 2-yr bond yields narrows to 38-mth low
The rise in corporate assets, also called gross block, was largely led by top companies and industry leaders; small and medium firms lagged in capex terms
Railway freight traffic numbers were higher than before