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Tuesday, 25 August 2015

NIFTY PE is still high at 21.63 after recent market crash

NIFTY PE is still high at 21.63 after recent market crash


  • Recent crash has not give much attractive valuation for Nifty. Its still in 21.63 which is high.
  • We feel more correction is left and Nifty will come around PE 18.
  • We will see in coming days how this pans out. We wont see a drastic fall, but a slow erosion is what we expect.

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