Propelled by liquidity, the stock markets have been rising over the past few months and the main indices, the BSE Sensex and the Nifty 50, have reclaimed 82,000 and 25,000 levels, respectively. The run-up has made valuations expensive and analysts say they expect the rally to take a breather for the next few months as corporate earnings catch up.
A look at the valuation metrics in terms of price-earnings (PE) of the frontline indices on the National Stock Exchange (NSE) suggests that Nifty 50 index is trading at 24.7x, which is in line with its five-year average but a tad higher than the 10-year average of 23.4x, according to Bloomberg data.
この記事は Business Standard の September 04, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Business Standard の September 04, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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