India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate
· rediff.com
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
A recent Goldman Sachs report highlights that rising valuations are making US and Indian equity markets less attractive due to lower free cash flow yields, whil...