In the past two decades, the Sensex has traded at nearly a 25 per cent premium to the Dow valuation on average
Underperforms in falling market for first time in over 20 years
Stock down 21.2% since FY24-end; share price at 17-month low
The current P/E is only marginally higher than the July 2016 levels, when it stood at 20.3x
IT services firms, while reporting modest single-digit revenue growth, saw improved margins. Here is the top 10 sectors' earnings scorecard
Sector weight in Nifty 50 declines to 9.5%, the lowest since 2011
But operating profit margin of 28.7% the best in 21 quarters
Combined mcap of country's listed companies down nearly $1,050 bn since September-end
The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year
Largecaps remain the preferred investments for most brokerages
In a year, index has risen by 6.2%, while EPS is up by 19.2%
The benchmark BSE Sensex declined by 6.5 per cent between January and August 2013, after rising 29 per cent between December 2011 and January 2013
RIL provides silver lining in otherwise lacklustre results by non-financial firms
Their combined wealth went past $1 trillion for the first time and reached an all-time high of $1,023.9 billion at the end of December
According to estimates by various brokerages, the combined net profit of the Nifty 50 companies could grow 7.9 per cent year-on-year
The last five-years however has been the best for corporate India in terms of net profit growth thanks to margins expansion and gains from a cut in corporate tax in September 2019
These stocks, handpicked by top brokerages, offer a blend of value and growth
The country's ten biggest listed IT companies that are part of the Nifty IT Index earned net sales of Rs 42.3 lakh per employee on average in FY24
Steady growth in the number of companies paying a sitting fee of Rs 100,000 or more per board meet
The 2024 edition of the survey shows that 14 per cent of Nifty 100 companies in FY24 had 14 or more directors, up from eight such companies in FY21 and 11 in FY23