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Nifty: Earnings surge makes PE fair, Nifty lovely : comparemela.com
Nifty: Earnings surge makes PE fair, Nifty lovely
The Nifty's PE ratio, based on trailing earnings, has dropped to 22 times from 33 times on March 30, 2021. Analysts said the PE ratio suggests the Nifty is trading at fair valuations, which means the index is neither cheap nor expensive.
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