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Indian (NIFTY) Market Analysis & Valuation

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies4738
  • 7D2.4%
  • 3M1.8%
  • 1Y-5.1%
  • YTD0.3%

The market is up 2.4% in the last 7 days, led by the Consumer Discretionary and all sectors gaining ground. In contrast, the market has seen a decline of 5.1% over the last 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Aug 2025₹455.5t₹177.7t₹17.7t27.9x25.8x2.6x
Sun, 20 Jul 2025₹456.2t₹173.6t₹17.1t30.1x26.6x2.6x
Tue, 17 Jun 2025₹449.0t₹173.4t₹17.1t29.5x26.2x2.6x
Thu, 15 May 2025₹431.2t₹170.8t₹16.9t26.9x25.5x2.5x
Sat, 12 Apr 2025₹397.3t₹169.1t₹16.8t25.3x23.7x2.3x
Mon, 10 Mar 2025₹394.2t₹169.1t₹16.8t25.8x23.5x2.3x
Wed, 05 Feb 2025₹420.3t₹163.6t₹16.4t29x25.6x2.6x
Fri, 03 Jan 2025₹448.5t₹167.9t₹16.4t33x27.4x2.7x
Sun, 01 Dec 2024₹444.7t₹167.6t₹16.4t31.8x27.2x2.7x
Tue, 29 Oct 2024₹438.6t₹165.8t₹16.2t31.7x27.1x2.6x
Thu, 26 Sep 2024₹472.0t₹163.0t₹16.0t34.4x29.5x2.9x
Sat, 24 Aug 2024₹455.9t₹162.7t₹16.0t33.9x28.5x2.8x
Mon, 22 Jul 2024₹444.5t₹161.0t₹15.8t33.4x28.1x2.8x
Wed, 19 Jun 2024₹435.2t₹160.1t₹15.8t32.3x27.6x2.7x
Fri, 17 May 2024₹403.6t₹157.9t₹15.4t31.7x26.2x2.6x
Sun, 14 Apr 2024₹394.8t₹154.9t₹14.8t31x26.7x2.5x
Tue, 12 Mar 2024₹385.1t₹154.8t₹14.8t29.9x26.1x2.5x
Thu, 08 Feb 2024₹384.3t₹154.3t₹14.7t32.4x26.1x2.5x
Sat, 06 Jan 2024₹362.7t₹152.3t₹14.2t30.5x25.6x2.4x
Mon, 04 Dec 2023₹334.1t₹152.1t₹14.1t28.3x23.7x2.2x
Wed, 01 Nov 2023₹308.0t₹152.1t₹13.6t27.6x22.6x2x
Fri, 29 Sep 2023₹319.4t₹152.2t₹13.4t27.5x23.8x2.1x
Sun, 27 Aug 2023₹309.0t₹152.3t₹13.4t26.7x23.1x2x
Tue, 25 Jul 2023₹303.9t₹150.8t₹12.6t26.4x24.1x2x
Thu, 22 Jun 2023₹291.6t₹149.9t₹12.5t25.4x23.3x1.9x
Sat, 20 May 2023₹273.9t₹149.0t₹12.6t23x21.8x1.8x
Mon, 17 Apr 2023₹263.4t₹145.1t₹12.2t21.7x21.6x1.8x
Wed, 15 Mar 2023₹253.9t₹144.9t₹12.2t20.7x20.9x1.8x
Fri, 10 Feb 2023₹265.6t₹143.4t₹12.0t21.9x22.1x1.9x
Sun, 08 Jan 2023₹277.4t₹139.3t₹11.9t22.9x23.3x2x
Tue, 06 Dec 2022₹287.9t₹139.1t₹11.9t23x24.2x2.1x
Thu, 03 Nov 2022₹275.2t₹134.5t₹11.8t22.1x23.3x2x
Sat, 01 Oct 2022₹265.1t₹131.2t₹11.9t21.7x22.3x2x
Mon, 29 Aug 2022₹269.8t₹130.9t₹11.8t21x22.8x2.1x
Price to Earnings Ratio

22.8x


Total Market Cap: ₹269.8tTotal Earnings: ₹11.8tTotal Revenue: ₹130.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 24.8x202320242025
Current Market PE
  • Investors are relatively neutral on the Indian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 24.8x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 14% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market2.44%
Consumer Discretionary4.90%
Consumer Staples4.25%
Real Estate3.17%
Tech2.84%
Telecom2.71%
Materials2.59%
Energy2.48%
Industrials1.73%
Financials1.44%
Utilities1.32%
Healthcare0.71%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 48.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.7%, which is higher than its past year's earnings growth of 9.9% per year.
  • The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 13.5x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 9.1% 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
RELIANCE Reliance Industries₹1.42k3.7%
+₹690.2b
-4.9%PE23.7xEnergy
MARUTI Maruti Suzuki India₹14.28k10.4%
+₹422.6b
16.3%PE30.9xConsumer Discretionary
HINDUNILVR Hindustan Unilever₹2.65k6.7%
+₹393.3b
-5.2%PE57.6xConsumer Staples
532454 Bharti Airtel₹1.93k3.0%
+₹345.3b
29.9%PE33.3xTelecom
TCS Tata Consultancy Services₹3.10k2.7%
+₹290.5b
-31.1%PE22.8xTech
See more

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