Comments
After a furious rise, the Nifty ended its six-month winning streak in November and December hasn't seen any trend reversal, begetting the key question: are markets running ahead of fundamentals? Data show that Indian stocks, including many sectors, are perched well above historical averages, be it the prism of trailing or forward valuations, market capitalisation to GDP metric and also when compared to various global markets. Here is a snapshot.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.