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Indian (NIFTY) Market Analysis & Valuation

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies4483
  • 7D-0.2%
  • 3M-4.6%
  • 1Y39.3%
  • YTD18.8%

The market has stayed flat over the 7 days. More promisingly, the market is up 39% over the past year. Looking forward, earnings are forecast to grow by 18% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 31 Oct 2024₹443.1t₹166.2t₹16.1t32.2x27.5x2.7x
Sat, 28 Sep 2024₹474.6t₹163.0t₹16.0t34.1x29.7x2.9x
Mon, 26 Aug 2024₹455.9t₹162.8t₹16.0t33.9x28.6x2.8x
Wed, 24 Jul 2024₹444.4t₹161.1t₹15.8t33.6x28.1x2.8x
Fri, 21 Jun 2024₹432.7t₹160.1t₹15.8t32.4x27.4x2.7x
Sun, 19 May 2024₹406.8t₹157.9t₹15.4t31.7x26.4x2.6x
Tue, 16 Apr 2024₹390.0t₹155.1t₹14.8t30.5x26.4x2.5x
Thu, 14 Mar 2024₹367.9t₹154.8t₹14.8t27.7x24.9x2.4x
Sat, 10 Feb 2024₹381.5t₹154.6t₹14.7t32.1x25.9x2.5x
Mon, 08 Jan 2024₹365.0t₹152.3t₹14.2t30.5x25.8x2.4x
Wed, 06 Dec 2023₹342.8t₹152.1t₹14.1t28.5x24.3x2.3x
Fri, 03 Nov 2023₹310.0t₹151.8t₹13.9t27.7x22.4x2x
Sun, 01 Oct 2023₹320.4t₹152.3t₹13.4t27.6x23.9x2.1x
Tue, 29 Aug 2023₹309.9t₹152.3t₹13.4t26.7x23.2x2x
Thu, 27 Jul 2023₹305.9t₹151.6t₹12.6t26.4x24.2x2x
Sat, 24 Jun 2023₹286.8t₹150.0t₹12.5t25.2x23x1.9x
Mon, 22 May 2023₹273.8t₹149.2t₹12.6t23.1x21.8x1.8x
Wed, 19 Apr 2023₹263.4t₹145.1t₹12.2t21.7x21.6x1.8x
Fri, 17 Mar 2023₹254.0t₹144.9t₹12.2t20.5x20.9x1.8x
Sun, 12 Feb 2023₹265.4t₹144.0t₹12.2t22x21.8x1.8x
Tue, 10 Jan 2023₹280.5t₹139.3t₹11.9t22.9x23.6x2x
Thu, 08 Dec 2022₹286.5t₹139.1t₹11.9t23.2x24.1x2.1x
Sat, 05 Nov 2022₹276.7t₹135.0t₹11.7t22.2x23.6x2x
Mon, 03 Oct 2022₹265.0t₹131.2t₹11.9t21.7x22.3x2x
Wed, 31 Aug 2022₹272.9t₹130.9t₹11.8t21.3x23.1x2.1x
Fri, 29 Jul 2022₹253.5t₹124.1t₹11.5t21.3x22x2x
Sun, 26 Jun 2022₹236.6t₹122.1t₹11.4t19.9x20.8x1.9x
Tue, 24 May 2022₹247.4t₹119.3t₹11.4t20.4x21.8x2.1x
Thu, 21 Apr 2022₹261.6t₹108.3t₹10.6t22.1x24.7x2.4x
Sat, 19 Mar 2022₹254.1t₹108.4t₹10.6t20.4x23.9x2.3x
Mon, 14 Feb 2022₹257.4t₹107.2t₹10.5t21.4x24.5x2.4x
Wed, 12 Jan 2022₹268.9t₹101.8t₹9.9t22.9x27.2x2.6x
Fri, 10 Dec 2021₹260.5t₹101.7t₹9.9t19.6x26.3x2.6x
Sun, 07 Nov 2021₹260.7t₹100.5t₹9.4t20.9x27.7x2.6x
Price to Earnings Ratio

27.7x


Total Market Cap: ₹260.7tTotal Earnings: ₹9.4tTotal Revenue: ₹100.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 24.3x202220232024
Current Market PE
  • Investors are optimistic on the Indian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 27.5x which is higher than its 3-year average PE of 24.3x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 20% per year over the last three years.
  • Revenues for these companies have grown 18% 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-0.19%
Financials1.60%
Materials1.00%
Healthcare0.87%
Real Estate0.56%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-0.16%
Tech-0.78%
Utilities-1.06%
Consumer Staples-1.25%
Energy-1.64%
Telecom-2.29%
Consumer Discretionary-2.42%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading close to its 3-year average PE ratio of 52.5x.
    • Analysts expect its future annual earnings growth (31.9%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • 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 13.0x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Financials sector is expected to see its earnings grow by 13% 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
ICICIBANK ICICI Bank₹1.29k3.2%
+₹278.6b
40.5%PB3.3xFinancials
500510 Larsen & Toubro₹3.62k5.3%
+₹249.2b
24.2%PE37.1xIndustrials
SBIN State Bank of India₹820.203.2%
+₹228.9b
43.4%PB1.7xFinancials
IRFC Indian Railway Finance₹155.9612.2%
+₹221.2b
113.5%PE31.7xFinancials
ITC ITC₹488.803.6%
+₹213.9b
13.4%PE29.8xConsumer Staples
See more
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Market Insights

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Latest News

INDUSINDBK

₹1,055.60

IndusInd Bank

7D

-17.5%

1Y

-27.8%

MARUTI

₹11,076.45

Maruti Suzuki India

7D

-5.8%

1Y

7.5%

532454

₹1,611.65

Bharti Airtel

7D

-4.1%

1Y

74.4%

INDIANB

₹592.55

Indian Bank

7D

18.3%

1Y

39.1%

ICICIBANK

₹1,292.25

ICICI Bank

7D

3.2%

1Y

40.5%

INDIGO

₹4,052.50

InterGlobe Aviation

7D

-10.3%

1Y

62.7%

INFY

₹1,757.25

Infosys

7D

-5.7%

1Y

28.3%

IRFC

₹155.96

Indian Railway Finance

7D

12.2%

1Y

113.5%

512599

₹2,946.65

Adani Enterprises

7D

4.2%

1Y

33.0%

HCLTECH

₹1,766.05

HCL Technologies

7D

-4.3%

1Y

38.7%

500510

₹3,624.40

Larsen & Toubro

7D

5.3%

1Y

24.2%

500570

₹834.10

Tata Motors

7D

-5.2%

1Y

31.0%