In the stock market with a size of $ 5 trillion in India, analysts encountered difficulties in recommending stocks worth buying.
Data show that as of Tuesday, the NSE Nifty 200 index generally gives a total of 61 stocks for buying rated rated, the lowest in at least ten years.LIC HOUSING Finance LTD., Sun TV Network LTD.And DR.LAL PATHLABS LTD.It is the stock that has been rated many times this quarterHyderabad Wealth Management. The average rating of analysts is held.New Delhi Investment
In one of the world’s most expensive stock markets, the prospect of corporate profit has become more dim, making analysts be suspicious of whether some stocks that have risen in the Indian stock market for several years can be further increased.Jaipur Stock
"Many stocks have become outrageous now," said Sahil Kapoor, a strategist at DSP Mutual Fund.He said that the profit margin has reached its peak due to weak sales growth, and analysts are adjusting their profit forecasts.Simla Stock
The 12 -month long -term price -earnings ratio of the Nifty 200 Index is currently about 24 times, which is about 19 times higher than the average level of about 19 times in the past 10 years.To a certain extent, the corporate profit at a high valuation multiple will slow down.Kotak Instificational Equities predicts that in the current fiscal year as of March 2025, the profitability of the benchmark NIFTY 50 indexes will increase by 8.4%and 20%last year.Varanasi Wealth Management
Jaipur Wealth Management