Nifty valuation decent, reasonable, markets may see some correction: Goyal

Q: How long will it take to read this news story?

The story "Nifty valuation decent, reasonable, markets may see some correction: Goyal" has 511 words across 15 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Nifty valuation decent, reasonable, markets may see some correction: Goyal" was covered 1 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 167 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26549349</li><li>URL: https://chronographically.beamstart.com/news/nifty-valuation-decent-reasonable-markets-17408497</li></ul>

Business Standard Logo Business Standard 1d ago

Nifty valuation decent, reasonable, markets may see some correction: Goyal - Business Standard

Quick Summary:

"Some of them (Nifty stocks) may have seen some downfall, but by and large the Nifty still reflects decent valuations," Goyal said, speaking at an event organised by mutual fund industry's lobby grouping Amfi here.

After some sell-off during the week, Union Minister Piyush Goyal on Saturday opined that the 50-share benchmark Nifty's valuation is decent and reasonable.

A forward price-to-earnings ratio of 19 makes the Nifty valuations "decent" and "reasonable".