Nifty PE higher than 10-year average but markets not 'expensive', say analysts
Markets right now are in a value zone and not in an expensive zone, say experts.
Source: moneycontrol.com
Stay updated with breaking news from Hemag Jani. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Markets right now are in a value zone and not in an expensive zone, say experts.
“There is a mini bubble in the broader market and one needs to be selective about that. Do not be too quick to jump into an index which has gone up 35% and stocks that have gone up 3X-5X. Okay, the stock has corrected 5%, 10%, let it stabilise, do some homework and then start nibbling.”