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  • News From Press Correction fails to rein in expensive market valuation: Fund managers

    Correction fails to rein in expensive market valuation: Fund managers

    Source: ET Feb 28, 2022

    The Indian markets have seen double-digit correction from their all-time highs. However, valuations continue to remain in the expensive zone and further corrections cannot be ruled out, say the country’s top money managers.

    While the Nifty price-to-earnings (P/E) multiple has come down from its lofty levels of around 28x in October 2021, it continues to remain above the historical average.

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