Is high price-earnings ratio the new norm for Indian markets?

Puneet Wadhwa and Nikita Vashisht
October 26, 2021, Tuesday

Is high price-earnings ratio the new norm for Indian markets?

Ratings downgrades continue to pour in for India as valuations remain exceedingly high. Will this valuation-based correction last? And which stocks are likely to be worst hit? Let’s find out.