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Indian (NIFTY) Market Analysis & Valuation

UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies3973
  • 7D-3.9%
  • 3M-6.5%
  • 1Y-4.1%
  • YTD-6.3%

Over the last 7 days, the market has dropped 3.9%, driven by a loss of 27% in the Utilities sector. As for last year, the market is also down 4.1%. As for the next few years, earnings are expected to grow by 19% per annum.

Market Valuation and Performance

Has the Indian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Feb 2023₹263.6t₹142.3t₹12.0t22.1x21.9x1.9x
Mon, 02 Jan 2023₹280.1t₹139.3t₹11.9t22.8x23.5x2x
Wed, 30 Nov 2022₹284.4t₹139.1t₹11.9t22.6x23.9x2x
Fri, 28 Oct 2022₹270.8t₹133.0t₹12.0t21.9x22.6x2x
Sun, 25 Sep 2022₹269.7t₹131.2t₹11.9t22.1x22.7x2.1x
Tue, 23 Aug 2022₹266.7t₹130.9t₹11.8t20.4x22.5x2x
Thu, 21 Jul 2022₹252.0t₹122.2t₹11.4t21.3x22.2x2.1x
Sat, 18 Jun 2022₹231.3t₹122.1t₹11.3t19.9x20.4x1.9x
Mon, 16 May 2022₹236.4t₹110.9t₹11.2t19.9x21x2.1x
Wed, 13 Apr 2022₹264.2t₹108.3t₹10.6t22.2x25x2.4x
Fri, 11 Mar 2022₹245.8t₹108.4t₹10.6t20x23.2x2.3x
Sun, 06 Feb 2022₹261.1t₹105.1t₹10.2t22.7x25.6x2.5x
Tue, 04 Jan 2022₹266.4t₹101.8t₹9.9t21.7x27x2.6x
Thu, 02 Dec 2021₹254.9t₹102.1t₹9.9t18.7x25.8x2.5x
Sat, 30 Oct 2021₹254.6t₹99.2t₹10.5t20.8x24.3x2.6x
Mon, 27 Sep 2021₹256.3t₹96.1t₹8.9t20.7x28.9x2.7x
Wed, 25 Aug 2021₹237.5t₹96.6t₹8.9t19.1x26.7x2.5x
Thu, 01 Jul 2021₹226.0t₹96.3t₹8.9t18.3x25.4x2.3x
Sun, 04 Apr 2021₹200.9t₹87.6t₹7.4t17.2x27.2x2.3x
Wed, 06 Jan 2021₹186.1t₹83.0t₹5.3t17.6x35.3x2.2x
Sat, 10 Oct 2020₹152.7t₹81.6t₹4.8t16.6x31.9x1.9x
Fri, 03 Jul 2020₹137.4t₹82.6t₹4.4t15x30.9x1.7x
Mon, 06 Apr 2020₹112.1t₹89.1t₹4.6t11.7x24.4x1.3x
Price to Earnings Ratio

26.1x


Total Market Cap: ₹144.7tTotal Earnings: ₹5.6tTotal Revenue: ₹91.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 27.4x202120222023
Current Market PE
  • Investors are pessimistic on the Indian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 21.9x which is lower than its 3-year average PE of 27.5x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 29% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indian Market?

IN Market-3.93%
Tech1.40%
Consumer Staples0.94%
Consumer Discretionary0.22%
Materials-1.17%
Telecom-1.19%
Healthcare-1.28%
Real Estate-2.64%
Energy-3.06%
Financials-3.71%
Industrials-10.25%
Utilities-27.43%
Sector PE
  • Investors are most optimistic about the Consumer Staples sector, which is trading close to its 3-year average PE ratio of 44.6x.
    • This optimism is likely because analysts are expecting annual earnings growth of 15.2%, which is higher than its past year's earnings growth of 8.7% per year.
  • Investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Tech sector is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ITC ITC₹380.6510.0%
+₹430.2b
62.5%PE27.4xConsumer Staples
ICICIBANK ICICI Bank₹863.805.7%
+₹325.4b
7.3%PB2.9xFinancials
INFY Infosys₹1.60k5.3%
+₹323.0b
-8.1%PE26.9xTech
TCS Tata Consultancy Services₹3.48k2.1%
+₹260.7b
-8.7%PE31.3xTech
HDFCBANK HDFC Bank₹1.66k2.7%
+₹239.8b
8.8%PB3.5xFinancials
See more
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ADANIGREEN

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