Market corrections are often recognized as opportunities only after the market recovers, not during the correction itself. However, corrections are inherent features of financial markets. The term “correction” implies restoring something to its appropriate state. But what exactly one need to look at, “Price correction” or “Valuation correction” Valuation is commonly measured using financial ratios…
READ MOREThe Nifty Midcap 100 Index has recently hit an unprecedented high of 60,400 driven more by market forces than by robust corporate fundamentals. Currently, the index trades at a Price-to-Earnings (P/E) ratio above 44 — the highest level since the post-pandemic surge in midcap stocks. This P/E multiple is significantly above its 5-year and 10-year…
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