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Indian (NIFTY) Market Analysis & Valuation

UpdatedMar 01, 2025
DataAggregated Company Financials
Companies4576
  • 7D-4.6%
  • 3M-15.0%
  • 1Y-5.8%
  • YTD-14.1%

Over the last 7 days, the market has dropped 2.9%, driven by losses in every sector, especially the Industrials sector. Although the market performance has been flat over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 20 Aug 2022₹270.8t₹130.8t₹11.8t20.6x23x2.1x
Mon, 18 Jul 2022₹245.8t₹122.3t₹11.3t20.8x21.7x2x
Wed, 15 Jun 2022₹239.0t₹122.1t₹11.3t20.3x21.1x2x
Fri, 13 May 2022₹240.4t₹110.5t₹11.1t20x21.7x2.2x
Sun, 10 Apr 2022₹267.0t₹108.1t₹10.5t22.1x25.3x2.5x
Tue, 08 Mar 2022₹235.3t₹108.5t₹10.6t19.4x22.1x2.2x
Price to Earnings Ratio

22.1x


Total Market Cap: ₹235.3tTotal Earnings: ₹10.6tTotal Revenue: ₹108.5tTotal 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 16% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market-4.63%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Financials-2.82%
Healthcare-3.46%
Consumer Staples-3.50%
Energy-3.55%
Telecom-4.67%
Consumer Discretionary-4.72%
Materials-5.50%
Real Estate-5.52%
Utilities-5.54%
Industrials-5.93%
Tech-7.78%
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.
    • Analysts are expecting annual earnings growth of 15.6%, which is lower than the prior year's growth of 20.3% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 13.1x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 7.5% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 12% 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
HDFCBANK HDFC Bank₹1.73k2.4%
+₹305.3b
21.1%PB2.6xFinancials
BAJFINANCE Bajaj Finance₹8.53k1.6%
+₹82.7b
29.8%PE33xFinancials
511218 Shriram Finance₹617.555.5%
+₹60.5b
26.0%PE14.5xFinancials
500488 Abbott India₹30.47k5.3%
+₹32.4b
8.0%PE48.5xHealthcare
CHOLAHLDNG Cholamandalam Financial Holdings₹1.64k9.0%
+₹25.5b
52.5%PE14.9xFinancials
See more
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532454

₹1,569.60

Bharti Airtel

7D

-4.2%

1Y

39.1%

511218

₹617.55

Shriram Finance

7D

5.5%

1Y

26.0%

532215

₹1,015.85

Axis Bank

7D

0.7%

1Y

-7.6%

HDFCBANK

₹1,732.40

HDFC Bank

7D

2.4%

1Y

21.1%

RELIANCE

₹1,200.10

Reliance Industries

7D

-2.3%

1Y

-19.6%

507685

₹277.65

Wipro

7D

-9.3%

1Y

7.0%

FIVESTAR

₹761.50

Five-Star Business Finance

7D

9.2%

1Y

8.1%

CHOLAHLDNG

₹1,641.90

Cholamandalam Financial Holdings

7D

9.0%

1Y

52.5%

SBIN

₹688.80

State Bank of India

7D

-4.6%

1Y

-10.4%

500488

₹30,470.40

Abbott India

7D

5.3%

1Y

8.0%

ULTRACEMCO

₹10,128.45

UltraTech Cement

7D

-9.2%

1Y

-0.07%

AUBANK

₹565.70

AU Small Finance Bank

7D

5.2%

1Y

-1.7%