Two -thirds sectoral index above 10 -year average – Two Third Sectoral Index Above 10 Year Average
According to a report by domestic brokerage company Motilal Oswal, the two-thirds of the regional indices are still trading above their 10-year average P/E multiple, despite a fall of more than 10 percent in benchmark indices in benchmark indices. The areas trading at the highest premium include infrastructure, utilities and consumer durables. In contrast, media, … Read more