The road ahead: Should you invest in stocks at 17,500 Nifty level!

A look at the consolidated earnings of Nifty50 companies shows it was at almost Rs 358 per share average in August 2020, and has been continuously improving since then. The same figure averaged at Rs 446 in April, 2021 and Rs 607 in August 2021. Therefore, if you look at the PE data of this year, it is continuously on a decline, even though the key indices are touching new levels.

via Economictimes

No comments