Please find below the Valuations of major Indexes as in December 2024.
Two parameters Price to Earning and Price to Book Value have been taken and compared with the long term averages.
Only Financial Services and Private Banks are at decent valuations to their long term averages.
| INDEX VALUATIONS AS ON 5th December 2024 | ||||
| INDEX | LEVELS | PARAMETER | LONG AVG | CURRENT |
| NIFTY 50 | 24708 | PE | 20.89 | 22.52 |
| NIFTY 500 | 23277 | PE | 25.83 | 26.23 |
| NIFTY MID CAP 150 | 21577 | PE | 31.13 | 43.14 |
| NIFTY SMALL CAP 250 | 18230 | PBV | 2.3 | 4.23 |
| NIFTY BANK | 53603 | PBV | 2.63 | 2.39 |
| NIFTY IT | 44806 | PE | 23.13 | 34.79 |
| NIFTY PHARMA | 22463 | PE | 39.46 | 39.46 |
| NIFTY COMMODITIES | 8729 | PBV | 2.16 | 2.28 |
| NIFTY FMCG | 57605 | PE | 38.68 | 45.6 |
| NIFTY ENERGY | 37884 | PE | 13.27 | 15.25 |
| NIFTY PSE | 10277 | PBV | 1.82 | 2.22 |
| NIFTY AUTO | 23736 | PBV | 5.05 | 4.84 |
| NIFTY FINANCIAL SERVICES | 24731 | PBV | 3.3 | 2.96 |
| NIFTY MEDIA | 2083 | PBV | 4.03 | 2.36 |
| NIFTY REALITY | 1074 | PBV | 2.11 | 6.04 |
In case you have any queries over your existing investments made through us or have any service related query,do let us know and we would be glad to assist !
Mutual funds investments are subject to market risks.
Please read all scheme related documents carefully before investing.