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Indian (NIFTY) Market Analysis & Valuation

UpdatedNov 17, 2024
DataAggregated Company Financials
Companies4491
  • 7D-3.4%
  • 3M-6.3%
  • 1Y27.4%
  • YTD14.4%

Over the last 7 days, the market has dropped 3.4%, driven by declines in every sector, especially the Financials sector. As for the longer term, the market has actually risen by 27% in the last year. 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
Sun, 17 Nov 2024₹428.7t₹167.2t₹16.3t31.1x26.2x2.6x
Tue, 15 Oct 2024₹459.5t₹163.1t₹16.0t33.7x28.7x2.8x
Thu, 12 Sep 2024₹455.9t₹162.9t₹16.0t34.2x28.5x2.8x
Sat, 10 Aug 2024₹446.5t₹162.5t₹15.9t34x28.1x2.7x
Mon, 08 Jul 2024₹447.9t₹160.0t₹15.8t34.4x28.4x2.8x
Wed, 05 Jun 2024₹393.2t₹165.1t₹16.6t28.6x23.6x2.4x
Fri, 03 May 2024₹405.3t₹157.1t₹15.2t31.8x26.7x2.6x
Sun, 31 Mar 2024₹382.6t₹154.9t₹14.8t28.7x25.9x2.5x
Tue, 27 Feb 2024₹387.1t₹154.8t₹14.8t31.9x26.2x2.5x
Thu, 25 Jan 2024₹367.0t₹153.4t₹14.4t31x25.5x2.4x
Sat, 23 Dec 2023₹352.7t₹152.3t₹14.2t29.3x24.9x2.3x
Mon, 20 Nov 2023₹323.9t₹152.2t₹14.2t27.7x22.8x2.1x
Wed, 18 Oct 2023₹318.2t₹151.3t₹13.2t28.4x24.2x2.1x
Fri, 15 Sep 2023₹323.6t₹152.3t₹13.4t27.5x24.2x2.1x
Sun, 13 Aug 2023₹306.9t₹151.7t₹13.4t26.5x22.9x2x
Tue, 11 Jul 2023₹296.5t₹150.0t₹12.5t25.9x23.7x2x
Thu, 08 Jun 2023₹286.3t₹150.0t₹12.5t24.9x22.9x1.9x
Sat, 06 May 2023₹271.1t₹146.4t₹12.2t22.2x22.2x1.9x
Mon, 03 Apr 2023₹255.9t₹144.9t₹12.2t20.2x21.1x1.8x
Wed, 01 Mar 2023₹255.0t₹144.7t₹12.2t20.9x21x1.8x
Fri, 27 Jan 2023₹273.6t₹140.9t₹12.0t22.6x22.8x1.9x
Sun, 25 Dec 2022₹269.9t₹139.2t₹11.9t21.5x22.7x1.9x
Tue, 22 Nov 2022₹277.9t₹139.1t₹11.9t22.4x23.4x2x
Thu, 20 Oct 2022₹267.9t₹131.6t₹11.9t22.2x22.5x2x
Sat, 17 Sep 2022₹272.6t₹131.1t₹11.9t22.4x23x2.1x
Mon, 15 Aug 2022₹268.4t₹130.7t₹11.8t20.8x22.8x2.1x
Wed, 13 Jul 2022₹246.4t₹122.1t₹11.4t21x21.7x2x
Fri, 10 Jun 2022₹249.1t₹121.9t₹11.3t20.9x22x2x
Sun, 08 May 2022₹248.8t₹109.7t₹10.9t21x22.7x2.3x
Tue, 05 Apr 2022₹266.8t₹108.1t₹10.5t21x25.3x2.5x
Thu, 03 Mar 2022₹245.5t₹108.4t₹10.6t19.9x23.1x2.3x
Sat, 29 Jan 2022₹254.7t₹103.2t₹10.1t22.2x25.3x2.5x
Mon, 27 Dec 2021₹254.1t₹101.8t₹9.9t20x25.7x2.5x
Wed, 24 Nov 2021₹259.5t₹101.9t₹9.9t19.2x26.3x2.5x
Price to Earnings Ratio

26.3x


Total Market Cap: ₹259.5tTotal Earnings: ₹9.9tTotal Revenue: ₹101.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 24.3x202220232024
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 24.3x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 18% 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-3.42%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Tech-0.57%
Telecom-1.15%
Real Estate-2.49%
Energy-2.51%
Consumer Discretionary-2.95%
Financials-3.22%
Healthcare-3.31%
Consumer Staples-4.23%
Materials-4.92%
Industrials-5.15%
Utilities-5.32%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 43.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 33.5%, which is higher than its past year's earnings growth of 29.8% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 13.0x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 33% 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 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
ZOMATO Zomato₹269.668.4%
+₹182.0b
120.7%PE316.1xConsumer Discretionary
INFY Infosys₹1.86k1.9%
+₹143.3b
29.7%PE28.3xTech
HCLTECH HCL Technologies₹1.86k1.2%
+₹58.1b
42.0%PE29.8xTech
500251 Trent₹6.46k2.6%
+₹57.3b
150.9%PE126.3xConsumer Discretionary
LODHA Macrotech Developers₹1.22k4.4%
+₹51.7b
40.5%PE58.9xReal Estate
See more
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