ADVERTISEMENT
Nifty Is At Risk From Consumer, Financial Stocks With Pricey Valuations
Expectations are running high and so are valuations. Even a slight fall in earnings can derail some of these heavyweights.
04 Oct 2022, 08:33 AM IST
The Nifty 50 Index is trading at nearly 18 times its fiscal 2024 earnings—but a third its constituents contribute a chunk of that. And that’s where the risk lies for the benchmark.Analysts have penciled in aggressive earnings growth for the next financial year. That's when a global slowdown, rising inflation and tightening interest rates threaten to put brakes on consumption and growth plans. The Reserve Bank of India has alread...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT