With the earnings catching up fast, benchmark indices are back to the long-term median valuation levels (Current Nifty PE at 21.5x). Hence, we are expecting by the H2FY24, we may be on for Nifty 20K levels and beyond.
With the earnings catching up fast, benchmark indices are back to the long-term median valuation levels (Current Nifty PE at 21.5x). Hence, we are expecting by the H2FY24, we may be on for Nifty 20K levels and beyond.