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Indian (NIFTY) Market Analysis & Valuation

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies4758
  • 7D1.6%
  • 3M0.5%
  • 1Y-6.1%
  • YTD1.2%

The Financials sector has led the market, which has gained 1.6%. In contrast, the market has seen a decline of 6.1% over the last 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025₹457.5t₹177.9t₹17.6t27.9x26x2.6x
Wed, 13 Aug 2025₹442.3t₹177.3t₹17.6t27.9x25.2x2.5x
Fri, 11 Jul 2025₹458.2t₹173.4t₹17.2t29.6x26.7x2.6x
Sun, 08 Jun 2025₹449.7t₹173.4t₹17.1t29.1x26.2x2.6x
Tue, 06 May 2025₹423.9t₹170.0t₹16.9t26.4x25.1x2.5x
Thu, 03 Apr 2025₹408.7t₹169.0t₹16.8t25.6x24.4x2.4x
Sat, 01 Mar 2025₹380.1t₹169.1t₹16.8t24.8x22.6x2.2x
Mon, 27 Jan 2025₹414.8t₹162.6t₹16.3t30.2x25.4x2.6x
Wed, 25 Dec 2024₹439.8t₹167.8t₹16.4t32.3x26.9x2.6x
Fri, 22 Nov 2024₹423.7t₹167.6t₹16.3t30.8x25.9x2.5x
Sun, 20 Oct 2024₹455.0t₹163.4t₹16.1t34.1x28.3x2.8x
Tue, 17 Sep 2024₹467.3t₹163.0t₹16.0t34.6x29.2x2.9x
Thu, 15 Aug 2024₹440.4t₹162.9t₹15.9t33x27.6x2.7x
Sat, 13 Jul 2024₹450.4t₹160.1t₹15.8t34x28.5x2.8x
Mon, 10 Jun 2024₹421.6t₹160.0t₹15.8t30.5x26.8x2.6x
Wed, 08 May 2024₹395.5t₹157.0t₹15.2t31.1x26.1x2.5x
Fri, 05 Apr 2024₹393.9t₹154.9t₹14.8t30.9x26.7x2.5x
Sun, 03 Mar 2024₹387.6t₹154.8t₹14.8t31.4x26.3x2.5x
Tue, 30 Jan 2024₹374.5t₹153.8t₹14.6t31.6x25.6x2.4x
Thu, 28 Dec 2023₹357.3t₹152.3t₹14.2t29.5x25.2x2.3x
Sat, 25 Nov 2023₹325.1t₹152.2t₹14.2t27.8x22.9x2.1x
Mon, 23 Oct 2023₹315.4t₹151.9t₹13.4t28.4x23.6x2.1x
Wed, 20 Sep 2023₹324.4t₹152.3t₹13.4t27.7x24.2x2.1x
Fri, 18 Aug 2023₹306.0t₹152.1t₹13.4t26.1x22.9x2x
Sun, 16 Jul 2023₹303.8t₹150.1t₹12.5t26.1x24.3x2x
Tue, 13 Jun 2023₹285.1t₹149.9t₹12.5t25x22.8x1.9x
Thu, 11 May 2023₹274.4t₹146.7t₹12.3t22.6x22.4x1.9x
Sat, 08 Apr 2023₹260.0t₹144.9t₹12.2t21.2x21.4x1.8x
Mon, 06 Mar 2023₹260.7t₹144.9t₹12.2t21.3x21.4x1.8x
Wed, 01 Feb 2023₹267.4t₹141.3t₹12.0t22.3x22.3x1.9x
Fri, 30 Dec 2022₹279.9t₹139.3t₹11.9t22.6x23.5x2x
Sun, 27 Nov 2022₹282.2t₹139.1t₹11.9t22.5x23.7x2x
Tue, 25 Oct 2022₹268.1t₹132.9t₹12.0t21.6x22.4x2x
Thu, 22 Sep 2022₹274.1t₹131.1t₹11.9t22.4x23.1x2.1x
Price to Earnings Ratio

23.1x


Total Market Cap: ₹274.1tTotal Earnings: ₹11.9tTotal Revenue: ₹131.1tTotal 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 Market1.60%
Tech3.86%
Industrials2.89%
Utilities2.88%
Financials1.85%
Energy1.34%
Healthcare1.23%
Telecom1.02%
Real Estate0.77%
Consumer Discretionary0.67%
Materials0.66%
Consumer Staples-0.63%
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 10.6% 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 25% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 8.4% 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
BAJFINANCE Bajaj Finance₹1.01k6.9%
+₹406.9b		37.5%PE36xFinancials
TCS Tata Consultancy Services₹3.11k3.1%
+₹336.1b		-31.0%PE22.9xTech
INFY Infosys₹1.51k5.3%
+₹313.0b		-22.7%PE22.1xTech
RELIANCE Reliance Industries₹1.40k1.5%
+₹281.5b		-4.9%PE23.2xEnergy
HAL Hindustan Aeronautics₹4.80k7.9%
+₹235.1b		4.3%PE38.6xIndustrials
See more

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