From a top-down basis, the market valuations look reasonable with Nifty-50 trading at 16.3X FY20E âEPSâ and 14.1X FY21 âEPSâ in the historical context and versus bond yieldsfrom Moneycontrol Market Outlook http://bit.ly/2MOuraw
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From a top-down basis, the market valuations look reasonable with Nifty-50 trading at 16.3X FY20E âEPSâ and 14.1X FY21 âEPSâ in the historical context and versus bond yieldsForeign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...
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