NIFTY P/E has historically ranged between 14 and 30. Traditionally it has always been of investing when the PE has dropped below 15 with exit above 22-25.
Current NIFTY P/E is 20 which means some more upside is there in the markets before stocks begin to start looking expensive.
Note that returns after an overbought market have generally been negative for next 2-3 years.
Current NIFTY P/E is 20 which means some more upside is there in the markets before stocks begin to start looking expensive.
Note that returns after an overbought market have generally been negative for next 2-3 years.
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