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Indian (NIFTY) Market Analysis & Valuation

UpdatedJul 01, 2025
DataAggregated Company Financials
Companies4663
  • 7D2.9%
  • 3M12.0%
  • 1Y0.6%
  • YTD2.2%

The market is up 2.9% over the last week, with the Financials sector leading the way, up 3.3%. The market has been flat overall in the last year. As for the next few years, earnings are expected to grow by 15% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 02 Jul 2025₹459.4t₹173.4t₹17.1t29.6x26.8x2.7x
Fri, 30 May 2025₹443.9t₹173.5t₹17.2t27.9x25.9x2.6x
Sun, 27 Apr 2025₹418.6t₹169.8t₹16.8t26.8x24.9x2.5x
Tue, 25 Mar 2025₹414.0t₹169.0t₹16.8t26x24.7x2.4x
Thu, 20 Feb 2025₹394.5t₹168.9t₹16.8t25.7x23.5x2.3x
Sat, 18 Jan 2025₹426.7t₹168.1t₹16.4t31.4x26x2.5x
Mon, 16 Dec 2024₹457.4t₹167.6t₹16.3t33x28x2.7x
Wed, 13 Nov 2024₹436.6t₹166.4t₹16.2t32.5x26.9x2.6x
Fri, 11 Oct 2024₹459.1t₹163.0t₹16.0t33.7x28.7x2.8x
Sun, 08 Sep 2024₹456.9t₹162.8t₹16.0t34.5x28.6x2.8x
Tue, 06 Aug 2024₹437.9t₹161.9t₹15.8t33.5x27.7x2.7x
Thu, 04 Jul 2024₹443.4t₹160.1t₹15.8t33.8x28.1x2.8x
Sat, 01 Jun 2024₹410.3t₹165.5t₹16.6t30.1x24.7x2.5x
Mon, 29 Apr 2024₹399.7t₹156.7t₹15.1t31.7x26.5x2.6x
Wed, 27 Mar 2024₹378.2t₹154.9t₹14.8t28.7x25.6x2.4x
Fri, 23 Feb 2024₹387.4t₹154.8t₹14.8t31.7x26.2x2.5x
Sun, 21 Jan 2024₹369.3t₹153.1t₹14.2t31.2x25.9x2.4x
Tue, 19 Dec 2023₹354.6t₹152.2t₹14.2t29.3x25.1x2.3x
Thu, 16 Nov 2023₹321.8t₹152.7t₹14.2t27.6x22.6x2.1x
Sat, 14 Oct 2023₹318.2t₹151.2t₹13.2t28.4x24.2x2.1x
Mon, 11 Sep 2023₹322.3t₹152.3t₹13.4t28x24.1x2.1x
Wed, 09 Aug 2023₹307.5t₹151.4t₹13.3t26.9x23x2x
Fri, 07 Jul 2023₹298.8t₹150.0t₹12.5t26x23.9x2x
Sun, 04 Jun 2023₹282.4t₹150.3t₹12.5t24.3x22.6x1.9x
Tue, 02 May 2023₹269.3t₹146.2t₹12.3t22.3x22x1.8x
Thu, 30 Mar 2023₹252.5t₹144.9t₹12.2t20x20.8x1.7x
Sat, 25 Feb 2023₹257.3t₹144.7t₹12.2t21.1x21.2x1.8x
Mon, 23 Jan 2023₹277.9t₹140.0t₹11.9t23.1x23.3x2x
Wed, 21 Dec 2022₹285.1t₹139.2t₹11.9t23.2x24x2x
Fri, 18 Nov 2022₹280.3t₹137.9t₹11.9t22.1x23.6x2x
Sun, 16 Oct 2022₹263.9t₹131.5t₹11.9t21.9x22.2x2x
Tue, 13 Sep 2022₹275.5t₹130.9t₹11.9t22.5x23.2x2.1x
Thu, 11 Aug 2022₹265.9t₹128.1t₹11.6t21.3x23x2.1x
Sat, 09 Jul 2022₹245.7t₹122.0t₹11.3t21x21.7x2x
Price to Earnings Ratio

21.7x


Total Market Cap: ₹245.7tTotal Earnings: ₹11.3tTotal Revenue: ₹122.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 24.6x202320242025
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 24.6x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market2.93%
Materials4.31%
Utilities3.84%
Telecom3.78%
Financials3.28%
Healthcare3.05%
Industrials2.93%
Consumer Discretionary2.93%
Energy2.20%
Consumer Staples1.91%
Tech1.82%
Real Estate-1.39%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading close to its 3-year average PE ratio of 51.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings growth of 14.4% 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 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Tech sector is expected to see its earnings grow by 10.0% 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₹1.52k3.5%
+₹654.4b
-2.2%PE27.7xEnergy
532454 Bharti Airtel₹2.03k3.4%
+₹408.4b
43.1%PE36.9xTelecom
ULTRACEMCO UltraTech Cement₹12.44k6.0%
+₹206.8b
4.7%PE60.6xMaterials
500049 Bharat Electronics₹427.005.2%
+₹155.3b
35.7%PE58.7xIndustrials
JIOFIN Jio Financial Services₹326.707.7%
+₹148.7b
-7.0%PE128.7xFinancials
See more

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