Nifty Valuations Cool Down After Sharp Correction: Motilal Oswal
The Indian stock market has undergone prolonged phase of consolidation, marked by both time and price correction, after touching an all-time high in September 2024. The fall has led to a sharp correction in the valuation, improving risk-reward for Indian equities, according to Motilal Oswal Financial Services. The benchmark Nifty 50 has declined over 12% from its 2024 peak, weighed down by persistent global, geopolitical and macroeconomic headwinds, which have heightened volatility across global and domestic markets.
