Mumbai, July 25:
Since inception in 1995 Nifty has given annualised returns of 11.2 per cent.
It has had annualised volatility of 24.5 per cent.
As on Tuesday, Nifty was trading at a P/E (price to earnings) ratio of 25.45, close to crises levels in the past.
Nifty’s PE was 28.5 on February 11, 2000, the peak of the tech bubble.
Its P/E ratio was 28.25 on January 8, 2008, the peak of the global financial crisis.
Nifty-based index derivatives are listed on four exchanges globally, namely, Singapore Stock Exchange, Chicago Mercantile Exchange Inc, Osaka Exchange and Taiwan Futures Exchange.
(This article was published on July 25, 2017)
Get more of your favourite news delivered to your inbox
Please enter your email. Thank You.
Newsletter has been successfully subscribed.