According to a Motilal Oswal Financial Services study, 27 out of 47 companies on the Nifty were trading above their 10-year average valuations. The valuations were measured based on the Price to Earnings (PE) Ratio and Price to Book (P/B).
Stock-specific action to dominate market moves: Dharmesh Shah
Dharmesh Shah suggests focusing on the domestic sector, with banking showing relative outperformance even in the current corrective phase. He advises positive stances on banking,