
Nifty P/E Ratio Goes Budget Shopping Under 20
Key Points
- Nifty index drops below a P/E ratio of 20 for the first time...
Who knew the Nifty index would start pinching pennies and go bargain hunting? After strutting around with a premium P/E ratio for nearly three years, it's finally joined the clearance sale club, dipping below 20 for the first time in 32 months.
Foreign Investors Playing 'Hard to Get'
Those flirty Foreign Institutional Investors (FIIs) have ghosted the Indian markets, taking a whopping $13 billion with them this year. Apparently, they've found a new crush in Uncle Sam's backyard, thanks to some juicy tariff whispers making U.S. markets look like the popular kid at the investment prom.
###...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.