Indices trade higher on elegant banking and metal stocks.The BSE Sensex is currently trading at 48,825.43, up 106.91 points, or 0.22%. The Nifty 50 is currently trading at 14,673.25, up 39.10 points or 0.27%. The Nifty Bank was up 1.35% at 32,903.80 and the Mid Cap Index was up 1.77%. SBI Life, UPL, Bajaj Accounting,…
The Sensex and Nifty 50 started the session some in the negative country and jumped early. But they failed to establish themselves in a positive country. Benchmark indices saw interest selling in a negative country. Asian markets show mixed references. The Nikkei 225 is trading positively at 29,642, while the Hong Cheng index is down…
The following is an estimate of India’s key formulaNSE’s move to change the method of calculation and declineIn the market last month. Nifty Earnings (PE)Rate is a popular valuation measure based on 12-month earningsIt fell nearly 20% to 33.5 from 41060 in March. The NSE decided to consider consolidated returns to calculate the PE ratiofrom…
