Nifty at all-time high, but not on valuations?

Here are charts that tell you the story [View in browser]( [See all newsletters]( 20 September 2023 Nifty at all-time high, but not on valuations? Nifty touched 20,000 in September 2023, it took just 52 days for Nifty to reach 20,000 from the 19,000 level. Valuations at these levels look reasonable. Here are four charts which tell the story. Valuation game Nifty now trades at 20 times price to earnings, cheaper than it was about two years ago. Nifty 50 gainers and losers during Nifty 19,000 to 20,000 Take a look at the biggest winners and losers in the 50-stock basket as Nifty embarked on the 20000 journey. Hunt for riches Midcap and Smallcap stocks have outperformed Nifty 50 by a decent margin. As the rate-hike cycle appears to be near its end, small and midcap stocks have gained favour. You Might Also Like [Govt introduces Women’s Reservation Bill in Lok Sabha; implementation at a much later date]( [National]( [Govt introduces Women’s Reservation Bill in Lok Sabha; implementation at a much later date]( [Diplomatic row sours India-Canada ties]( [Economy]( [Diplomatic row sours India-Canada ties]( [Lead futures: Potential for upside amidst supports]( [Commodity Calls]( [Lead futures: Potential for upside amidst supports]( [Biodiesel challenges: Why Indian transporters hesitate to adopt]( [Logistics]( [Biodiesel challenges: Why Indian transporters hesitate to adopt]( Stay informed Subscribe to our daily newsletter to stay up-to-date on the in deep news in India. [arrow]( Copyright @ 2023, THG PUBLISHING PVT LTD. If you are facing any trouble in viewing this newsletter, please try [here]( Manage your newsletter subscription preferences [here]( If you do not wish to receive such emails go [here](