Right time to invest in India as India related Nifty 50 corrected to decent levels of 23,500
Right time to invest as Nifty 50 corrected to decent levels of 23,500.
Even Nifty 50 ratio showing as 21.7 level.
So considering expected future growth of India, this is right time to invest.
But stay away from very high PE trading stocks as current market has many stocks at decent valuations.
Mainly infrastructure development and logistics is getting improved on a large scale by Indian central government.
This will boost many business sectors.
Relatively India has less debt to GDP ratio. This factor gives great boost that India if needed has ability to borrow loans for capital expenditure projects which can contribute to growth of India.
Friday, November 15, 2024 - 01:22 - UTC
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