Posted on November 19, 2017

Nifty PE @26.1

Nifty PE stands at 26.1 at present. It may well be thought that its at a high point historically and might see correction. But there are some facts that justify it. First, since the bench-mark interest rates are low the PEs would tend to remain high. Secondly, some factors like NPAs of the banks, price-war … Continue reading