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Indian (NIFTY) Capital Markets Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies306
  • 7D-0.8%
  • 3M-1.5%
  • 1Y8.6%
  • YTD7.3%

Over the last 7 days, the Capital Markets industry has remained flat, although notably Authum Investment & Infrastructure gained 11%. The past year has been better, since the industry has gained 8.6% in that time. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the Indian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026₹14.1t₹2.1t₹398.2b25x35.5x6.7x
Wed, 08 Jul 2026₹13.3t₹2.0t₹345.4b28.3x38.4x6.6x
Fri, 05 Jun 2026₹12.9t₹2.0t₹362.2b26.6x35.7x6.4x
Sun, 03 May 2026₹12.9t₹1.6t₹351.2b25x36.9x8x
Tue, 31 Mar 2026₹10.6t₹1.6t₹346.5b21.2x30.5x6.6x
Thu, 26 Feb 2026₹12.0t₹1.6t₹346.5b23.4x34.5x7.5x
Sat, 24 Jan 2026₹11.5t₹1.4t₹332.8b24.1x34.4x8x
Mon, 22 Dec 2025₹11.9t₹1.4t₹327.5b26x36.2x8.4x
Wed, 19 Nov 2025₹10.9t₹1.4t₹300.5b28.7x36.4x8x
Fri, 17 Oct 2025₹10.0t₹1.2t₹294.1b25.5x34.1x8.1x
Sun, 14 Sep 2025₹9.4t₹1.2t₹293.3b24.1x32.1x7.6x
Tue, 12 Aug 2025₹9.3t₹1.2t₹292.5b24.2x31.7x7.6x
Thu, 10 Jul 2025₹9.2t₹1.2t₹281.9b23.5x32.8x7.9x
Sat, 07 Jun 2025₹9.4t₹1.2t₹302.5b22.4x31.1x7.7x
Mon, 05 May 2025₹7.8t₹1.2t₹299.8b19.1x25.9x6.3x
Wed, 02 Apr 2025₹7.3t₹1.2t₹310.1b18.5x23.5x5.8x
Fri, 28 Feb 2025₹7.2t₹1.2t₹312.3b19.7x23x5.7x
Sun, 26 Jan 2025₹8.1t₹1.2t₹346.1b21.9x23.4x6.5x
Tue, 24 Dec 2024₹9.0t₹1.2t₹349.0b23.5x25.7x7.4x
Thu, 21 Nov 2024₹8.6t₹1.2t₹341.5b22.5x25.1x7.1x
Sat, 19 Oct 2024₹8.8t₹1.2t₹335.1b25.3x26.1x7.4x
Mon, 16 Sep 2024₹8.0t₹1.2t₹333.8b24.5x23.8x6.8x
Wed, 14 Aug 2024₹7.0t₹1.2t₹330.5b23.7x21.3x5.9x
Fri, 12 Jul 2024₹6.8t₹1.2t₹305.8b23x22.3x5.9x
Sun, 09 Jun 2024₹6.4t₹1.2t₹303.2b21x21.3x5.6x
Tue, 07 May 2024₹6.4t₹1.1t₹305.0b24.1x21.1x5.6x
Thu, 04 Apr 2024₹6.1t₹1.1t₹301.8b22.1x20.3x5.6x
Sat, 02 Mar 2024₹6.1t₹1.1t₹296.7b24.1x20.6x5.6x
Mon, 29 Jan 2024₹5.5t₹1.0t₹262.2b24.2x21.1x5.3x
Wed, 27 Dec 2023₹5.4t₹1.0t₹251.6b21.3x21.3x5.3x
Fri, 24 Nov 2023₹5.0t₹1.0t₹251.6b21.6x19.8x4.9x
Sun, 22 Oct 2023₹4.6t₹1.1t₹249.7b24.2x18.4x4.4x
Tue, 19 Sep 2023₹4.0t₹998.4b₹222.1b23.3x17.9x4x
Thu, 17 Aug 2023₹3.7t₹997.8b₹221.7b22x16.9x3.8x
Price to Earnings Ratio

16.9x


Total Market Cap: ₹3.7tTotal Earnings: ₹221.7bTotal Revenue: ₹997.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Capital Markets Industry Price to Earnings3Y Average 27.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indian Capital Markets industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.5x which is higher than its 3-year average PE of 27.1x.
  • The industry is trading close to its 3-year average PS ratio of 6.5x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 29% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Financials industry?

IN Market1.27%
Financials-0.054%
Capital Markets-0.80%
Diversified Capital Markets2.12%
Asset Management0.26%
Investment Banking and Brokerage-2.55%
Financial Exchanges and Data-2.75%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 55.4x.
    • Analysts are expecting annual earnings growth of 13.8%, which is lower than the prior year's growth of 23.2% per year.
  • Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.0x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 26% over the next 5 years.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
539177 Authum Investment & Infrastructure₹596.308.7%
+₹40.4b		3.5%PE24.1x
CRISIL CRISIL₹4.61k5.7%
+₹18.1b		-11.5%PE38.1x
360ONE 360 One Wam₹1.17k2.9%
+₹13.3b		12.0%PE37.7x
NAM-INDIA Nippon Life India Asset Management₹1.18k1.3%
+₹9.3b		46.9%PE45.9x
MAHSCOOTER Maharashtra Scooters₹13.82k6.2%
+₹9.2b		-5.7%PE56.7x

Latest News

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NAM-INDIA
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Nippon Life India Asset Management
7D
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1Y
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Narrative Update • Aug 04

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Analysts have nudged their price target for Nippon Life India Asset Management higher from ₹960 to about ₹1,028, reflecting updated assumptions around revenue growth, profit margin and future P/E expectations. What's in the News Nippon Life India Asset Management has scheduled a board meeting on July 22, 2026, to consider and approve the unaudited financial results for the quarter ending June 30, 2026.
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360ONE
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NUVAMA
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MAHSCOOTER
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7D
8.7%
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CRISIL
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7D
5.7%
1Y
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Analysis Article • Jul 24

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ICICIAMC
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ICICI Prudential Asset Management
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1Y
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Narrative Update • Jun 26

ICICIAMC: Index Additions And Updated Assumptions Will Guide Balanced Outlook

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