Moneycontrol
HomeNewsBusinessMarketsNifty at 21k – time to buy more or book the gains?
Trending Topics
Sensex Today
HUL Share Price
TMPV Share Price
Colgate Palmolive share price
Defence Stocks

Nifty at 21k – time to buy more or book the gains?

Madhuchanda Dey   •

We expect calendar 2024 to be an eventful but volatile year, that should give investors ample opportunity to buy the lows

Despite the recent rally, the Indian market (NIFTY) at 18.5X one-year forward EPS (earnings per share) is still at a discount to its long-period-average valuation of 19.5X one-year forward earnings, thanks to the strong earnings momentum

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts

Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More