Nifty closes above 15,000 but may face bumps ahead

Experts said there’s growing discomfort over market valuations, traditionally measured by the price-to-earnings ratio. At 22.1 times, the Nifty’s 12-month forward PE is at a 44 per cent premium to its 15-year average, near all-time highs, according to a CLSA report.

from Markets-Economic Times https://ift.tt/2ObTXLu