scorecardresearchNifty P/E falls below five-year average; time for heavy shopping?

Nifty P/E falls below five-year average; time for heavy shopping?

Updated: 03 Mar 2022, 04:05 PM IST
TL;DR.
Nifty 50 PE is the amount which an investor pays to earn one rupee of earnings in Nifty50 stocks.
The markets can sustain high valuation only if earnings cycle remains on an upward trajectory.

The markets can sustain high valuation only if earnings cycle remains on an upward trajectory.