The valuation premium was above 40% for only 1.4% of the total trading days since January 2005. The Nifty50 is now the second most expensive index among major global indices after NASDAQ. Over three out of every four constituents of the Nifty 50 trade at a premium to their respective long-term average valuations propelled by sectors such as consumer, IT and Industrial sector, a sector which typically trades at a reasonable valuation.
Top 10 large-caps with rising retail investor holding in June quarter
Retail shareholding in several NSE large-cap stocks surged in Q1 FY25, led by Samvardhana Motherson, Siemens Energy India, and Hindustan Zinc. The trend signals growing