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Nifty Pe

Discussion in 'Fundamental Analysis' started by akhtar80, Apr 17, 2018.

  1. akhtar80

    akhtar80 Responder

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    Hello friends,
    Been out of forum for almost over 6 months now, though keeping an eye on market.

    I realized that the PE ratio of nifty as on date is 23.17, last year it was touching 26. Now, @shabbir can you relate these figures with its immediate impact on stocks.

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    akhtar80, Apr 17, 2018
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  2. shabbir

    shabbir Administrator Staff Member

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    I don't care too much about it. I don't invest in Nifty but in stocks and so I worry more about stock PE than the market PE as a whole. Again this doesn't mean it shouldn't be on your radar but then it is not of too much importance.

    Still those who invest in index and index based mutual funds, first week of April was good enough time to invest but then I see issues in many sectors that won't allow Nifty to rally too much.
     
    shabbir, Apr 18, 2018
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