As a result, India is not as expensive as it was both in absolute terms and relative to the region. On a Bloomberg consensus estimates the benchmark Nifty50 is currently trading at 12-m forward PE of 20x, near 5-year and long-term averages.
Rs 10 lakh to invest in 2026? Nilesh Shah’s practical take on smallcap vs midcap, gold and silver
Nilesh Shah of Kotak Mahindra AMC advocates a pragmatic 2026 investment strategy, emphasizing earnings visibility and valuation comfort. He suggests a multi-asset allocation of 55%