The Nifty’s PE ratio, based on trailing earnings, has dropped to 22 times from 33 times on March 30, 2021. Analysts said the PE ratio suggests the Nifty is trading at fair valuations, which means the index is neither cheap nor expensive.
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite
Clear Secured Services is set for its market debut on December 8 following a successful ₹85.60 crore IPO, which saw strong investor demand. The integrated
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