The Nifty is trading at a PE of 22.95 its trailing 12-month earnings, whereas the Nifty Midcap100 and Nifty Smallcap 100 indices are trading at PE of 36 and 27 times, respectively.
Nifty eyes consolidation, key support at 23,800: Sudeep Shah of SBI Securities
“Nifty IT is witnessing an outperformance, and this could witness further strength in the coming few sessions. After marking a high of 43,645 on September