By Ashley Coutinho The steep run-up in the last month-and-a-half has pushed up valuations of Indian equities. After a punishing first half, the Nifty50 rallied 8.7% in July on hopes that the US Federal Reserve would raise rates at a slower clip, paring the year-to-date decline to 1.3%. “The Nifty, at 15,200, was a good …
