[ad_1] Indian markets have entered the month of July with renewed optimism and new energy. The broader market is trading in the green in the first week of July. Last week, we talked about niftyperformance when its PE falls below 20 times. When the PE drops below 20x, the average 1-year forward return is 15.2%. Currently, we are trading at 19.9x. This is indicating an attractive level for the market participants to choose good quality stocks to generate high returns. Today we will look at why the market is likely…
Tag: history
Nifty: Will Nifty repeat history and bounce back in July after 3 months of decline?
[ad_1] Mumbai: Concerns remain about inflation, geopolitics and a possible slowdown in the US, but Market Historical data shows that indices rise after falling for three consecutive months. Benchmark nifty Metals ended June down 4.85% due to fall pharma And realty sector and recently touched a low of 15,183. Migrant investors Remained as it is Their sales in June for the ninth consecutive month recorded the second-highest sales in a month amid broader macro concerns. “In the last 20 years, Nifty has not given negative returns for more than three…