Even after a massive valuation correction, stocks are far from screamingly cheap, going by past bear-market bottoms. At the low in October, the S&P 500 was trading at 17.3 times profits, exceeding trough valuations from all 11 previous drawdowns and topping the median of those by 30%.
Why is market falling today? Sensex tumbles 700 pts, Nifty slips below 22,600. 4 key triggers behind bear attack on D-St
On Wednesday, Indian stock markets took a nosedive as geopolitical tensions escalated and oil prices soared. The Sensex plummeted over 760 points, with Nifty 50