Nifty PE FOR 1 YEAR - Current value 18.5
Nifty PE FOR 1 YEAR - Current value 18.5
- NIFTY P/E is the best indicator which helps long term investors to decide when to enter and when to exit.
- For past 1 Year Nifty has Fallen from 24 to 18.5. This shows the weakness in Market.
- Long term can start investing in staggered manner after P/E goes below 18. P/E generally can go till 15 and Bouce back from there Sharply.
- As India is still in Growth Phase, we can see the stocks booming.
- Current fall is because of Global factor and US probably going into recession again.
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