Nifty’s PEG ratio near 10-yr low, so why don't stocks look cheap?
Nifty’s PEG ratio approaches a decade low, suggesting an enticing potential for valuation and earnings growth. The substantial drop in the forward P/E ratio has heightened hopes for a market recovery. However, rising bond yields and potential earnings downgrades pose challenges to investor sentiment. Selective opportunities arise across sectors, influenced by enhanced credit growth and evolving…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
