Nifty valuations near average; earnings upside expected from banks
after close1 source ↓written by the desknot a recommendation
- Nifty trades
- 24 times earnings
- anticipated
- 10-12% EPS growth
Indian equity markets may see positive earnings surprises over the next one to two years, driven by banking, manufacturing, and auto-linked sectors. Currently, the Nifty trades at 24 times earnings, near its long-term average, with 10-12% EPS growth anticipated. Analysts suggest potential upside as sectors rebound from recent pressures.
Not investment advice. For informational purposes only.