Jinshi data news on March 18th, institutional analysis suggests that after the glory of 2024, India's equity Capital Market has started losing momentum. The Indian stock market has experienced a big dump in the past six months, if the market is bottoming out now, it will reverse the downturn with the most expensive valuation in more than twenty years. Historically, excluding the impact of the 2008 global financial crisis, the average historical price-to-earnings ratio of the India Exchange 500 Index bottomed out at around 16 times. In contrast, the current price-to-earnings ratio is nearly 23 times, indicating that if history repeats itself, long positions may still face a difficult journey.
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Institutions: The Indian stock market may be far from bottoming out.
Jinshi data news on March 18th, institutional analysis suggests that after the glory of 2024, India's equity Capital Market has started losing momentum. The Indian stock market has experienced a big dump in the past six months, if the market is bottoming out now, it will reverse the downturn with the most expensive valuation in more than twenty years. Historically, excluding the impact of the 2008 global financial crisis, the average historical price-to-earnings ratio of the India Exchange 500 Index bottomed out at around 16 times. In contrast, the current price-to-earnings ratio is nearly 23 times, indicating that if history repeats itself, long positions may still face a difficult journey.