InvestorQ : Why does the recent Motilal Oswal consider the Indian markets overpriced?
Archita Jajjoo made post

Why does the recent Motilal Oswal consider the Indian markets overpriced?

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Niti Shenoi answered.
5 months ago
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I think you are referring to their recent report on Nifty premiums and it does not say that Indian markets are overvalued. It only says that nearly two-thirds of Nifty stocks were trading are at a premium to 15-year historical average P/E ratios. For example, Wipro trades at a premium of 75%, HCL Tech 74%, Asian Paints 73%, BPCL 65% and Divi’s Labs 63%. However, many big names like Tata Steel, ONGC, Coal India and NTPC are at deep discount.

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