After hitting a low of 21,744 in April, the benchmark Nifty50 has rebounded nearly 15%, pushing its valuation back above 20 times its 12-month forward earnings. The gains in the Nifty Midcap gauge have been even more pronounced.
After hitting a low of 21,744 in April, the benchmark Nifty50 has rebounded nearly 15%, pushing its valuation back above 20 times its 12-month forward earnings. The gains in the Nifty Midcap gauge have been even more pronounced.