The Markets have been in correction mode since mid Oct 22 and seen drop of nearly 16% from 18604 levels to current Nifty of 15556
The Markets have been in correction mode since mid Oct 22 and seen drop of nearly 16% from 18604 levels to current Nifty of 15556 Let us try evaluate how different segments of markets have performed during last 6 months starting January 2022.
The maximum drawdown during this period has happened in Nifty IT with drop of 27% and Nifty Small Cap is down 25%.
The segment which is showing strength is Nifty Energy which is up by 5%; Nifty Auto 2.45% and Nifty FMCG which is flat with marginal gain of 0.13%.
PE Valuations as on 22nd June for Nifty is 19.07; Nifty IT is 25.61 ; Nifty Small Cap 17.96.
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