Nifty P/E ratio trend prior to Q1 earnings over the last 10 years, including current positioning:

Nifty P/E Ratio Before Q1 Results – Historical Trend

Year Nifty P/E (Pre-Q1 Earnings)

2024 23.22x
2023 23.35x
2022 20.73x
2021…[Read more]

Global Economic Highlights

India
• Retail inflation dropped to a 6-year low in June due to falling food prices.
• Wholesale prices declined for the first time in 19 months.

China
• Q2 GDP rose 5.2% YoY, beating forecasts despite global tariff risks.
• June new home prices declined at the fastest pace in 8 months.
• Property investment fell 11.2…[Read more]