Nifty Next 50 Index had 14% weight in Adani group stocks, which nosedived after a report by Hindenburg.Nifty Next 50 Index has gained popularity among investors as it is seen as incubator for emerging blue-chip firms
After the recent Adani stocks selloff, investors are wary of high PE companies. But is that a good indicator or should one look at Price Earnings to Growth instead?