Financial ServicesPre-market
Indian stock markets show improvement as earnings cycle stabilizes
pre-market1 source ↓written by the desknot a recommendation
- is trading
- 21.4 times earnings
- long-period average
- 20.8 times
The Indian stock markets are now in a healthier state compared to last year, as the earnings cycle appears to be bottoming out. The Nifty is trading at 21.4 times earnings, near its long-period average of 20.8 times. Analysts expect double-digit growth in earnings, which could support valuation expansion moving forward.
Not investment advice. For informational purposes only.