Header cover image

Indian (NIFTY) Market Analysis & Valuation

UpdatedMay 30, 2025
DataAggregated Company Financials
Companies4623
  • 7D1.4%
  • 3M15.8%
  • 1Y5.3%
  • YTD-0.9%

Over the last 7 days, the market has risen 1.4%, driven by gains in every sector, especially the Financials sector. The market is up 5.3% over the last 12 months. Earnings are forecast to grow by 15% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 May 2025₹443.0t₹173.6t₹17.2t28x25.8x2.6x
Mon, 28 Apr 2025₹418.6t₹169.6t₹16.8t26.8x24.9x2.5x
Wed, 26 Mar 2025₹410.8t₹169.0t₹16.8t25.6x24.5x2.4x
Fri, 21 Feb 2025₹401.1t₹169.0t₹16.8t26.4x23.9x2.4x
Sun, 19 Jan 2025₹426.7t₹167.9t₹16.4t31.3x26x2.5x
Tue, 17 Dec 2024₹457.9t₹167.6t₹16.3t33.1x28x2.7x
Thu, 14 Nov 2024₹427.6t₹166.6t₹16.2t31.6x26.3x2.6x
Sat, 12 Oct 2024₹459.5t₹163.1t₹16.0t33.7x28.7x2.8x
Mon, 09 Sep 2024₹457.1t₹162.9t₹16.0t34.4x28.6x2.8x
Wed, 07 Aug 2024₹435.8t₹161.9t₹15.8t33.3x27.6x2.7x
Fri, 05 Jul 2024₹445.2t₹160.1t₹15.8t34.2x28.2x2.8x
Sun, 02 Jun 2024₹410.3t₹165.5t₹16.6t30.1x24.7x2.5x
Tue, 30 Apr 2024₹402.0t₹156.7t₹15.1t31.7x26.7x2.6x
Thu, 28 Mar 2024₹378.9t₹154.9t₹14.8t28.6x25.6x2.4x
Sat, 24 Feb 2024₹388.2t₹154.8t₹14.8t31.9x26.3x2.5x
Mon, 22 Jan 2024₹370.3t₹153.3t₹14.3t31.4x25.9x2.4x
Wed, 20 Dec 2023₹355.0t₹152.2t₹14.2t29.5x25.1x2.3x
Fri, 17 Nov 2023₹321.8t₹152.3t₹14.2t27.7x22.7x2.1x
Sun, 15 Oct 2023₹318.2t₹151.2t₹13.2t28.4x24.2x2.1x
Tue, 12 Sep 2023₹325.1t₹152.3t₹13.4t28.3x24.3x2.1x
Thu, 10 Aug 2023₹308.5t₹151.4t₹13.3t27x23.2x2x
Sat, 08 Jul 2023₹296.8t₹150.0t₹12.5t26x23.8x2x
Mon, 05 Jun 2023₹282.4t₹150.2t₹12.5t24.4x22.6x1.9x
Wed, 03 May 2023₹269.3t₹146.0t₹12.3t22.2x22x1.8x
Fri, 31 Mar 2023₹252.5t₹144.9t₹12.2t20x20.8x1.7x
Sun, 26 Feb 2023₹257.3t₹144.7t₹12.2t21.1x21.2x1.8x
Tue, 24 Jan 2023₹277.9t₹140.3t₹11.9t23x23.3x2x
Thu, 22 Dec 2022₹280.6t₹139.1t₹11.9t22.7x23.6x2x
Sat, 19 Nov 2022₹279.4t₹139.0t₹11.9t22.3x23.5x2x
Mon, 17 Oct 2022₹263.9t₹131.5t₹11.9t21.9x22.2x2x
Wed, 14 Sep 2022₹275.5t₹130.9t₹11.9t22.5x23.2x2.1x
Fri, 12 Aug 2022₹267.6t₹129.4t₹11.7t21.1x22.9x2.1x
Sun, 10 Jul 2022₹245.7t₹122.1t₹11.3t21x21.6x2x
Tue, 07 Jun 2022₹250.5t₹122.1t₹11.4t20.3x22x2.1x
Price to Earnings Ratio

22x


Total Market Cap: ₹250.5tTotal Earnings: ₹11.4tTotal Revenue: ₹122.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 24.4x202320242025
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 24.4x.
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 Market0.44%
Industrials1.97%
Financials1.49%
Real Estate1.37%
Telecom1.35%
Healthcare0.40%
Tech0.11%
Consumer Discretionary-0.48%
Materials-0.52%
Energy-0.69%
Utilities-0.86%
Consumer Staples-1.24%
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 48.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.9%, which is higher than its past year's earnings growth of 11.5% 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 13.2x.
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 10% per year.
  • In contrast, the Tech sector is expected to see its earnings grow by 10% 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
LICI Life Insurance Corporation of India₹954.4511.0%
+₹595.8b
-5.8%PE10.9xFinancials
SBIN State Bank of India₹812.302.8%
+₹194.6b
-2.2%PB1.5xFinancials
532454 Bharti Airtel₹1.86k1.3%
+₹150.5b
35.4%PE33.7xTelecom
SUZLON Suzlon Energy₹71.4814.9%
+₹128.3b
50.0%PE47.2xIndustrials
500510 Larsen & Toubro₹3.68k2.1%
+₹104.2b
0.2%PE34.7xIndustrials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The AI frenzy of 2023 and 2024 has cooled down and entered the "show me the money" phase. Earnings season has shed a lot of light on where we stand. So it’s time for an update on the industry and a look at the companies successfully deploying AI, monetizing it, and the potential opportunities for investors.

Latest News

TCS

₹3,463.40

Tata Consultancy Services

7D

-1.5%

1Y

-5.7%

SUZLON

₹71.48

Suzlon Energy

7D

14.9%

1Y

50.0%

ULTRACEMCO

₹11,210.00

UltraTech Cement

7D

-4.6%

1Y

13.1%

532454

₹1,856.80

Bharti Airtel

7D

1.3%

1Y

35.4%

521238

₹227.95

Bharat Global Developers

7D

-22.6%

1Y

1,716.3%

500510

₹3,675.75

Larsen & Toubro

7D

2.1%

1Y

0.2%

BSE

₹2,674.00

BSE

7D

9.2%

1Y

197.8%

ITC

₹418.05

ITC

7D

-4.2%

1Y

-2.0%

SBIN

₹812.30

State Bank of India

7D

2.8%

1Y

-2.2%

HDFCBANK

₹1,944.90

HDFC Bank

7D

0.6%

1Y

27.0%