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.
8 Nifty Microcap stocks that can jump 100-230% in the next 12 months
Several stocks in the Nifty Microcap 250 index are projected to deliver strong gains over the next year, according to analyst estimates compiled by Trendlyne.Companies