ETMarkets’ Investors Guide: Why valuations of bank stocks are really attractive
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Description
Amid a global correction instigated by the fear of monetary policy tightening, the Indian market has outperformed key global markets leading to concerns of overvaluation. Having hardly moved an inch on a year-to-date basis, is Nifty overvalued?
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The 30-share Sensex ended 491 points higher at 58,411. Its broader peer, Nifty50, ended at 17,311, up 126 points.
Published 10/17/22
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Published 10/16/22
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