5 reasons to believe Nifty rally may halt, and 5 reasons why it may not - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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5 reasons to believe Nifty rally may halt, and 5 reasons why it may not

Nifty50 is trading at a 12-month forward P/E of 21.8 times, which is at 15 per cent premium to its long-term averages. In price-to-book value terms, at 3.3 times, it is trading at 28 per cent premium to its historical average.

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