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HomeTagsMarket rally is stretching valuations beyond comfort levels

Tag: Market rally is stretching valuations beyond comfort levels

Market rally is stretching valuations beyond comfort levels

Market rally is stretching valuations beyond comfort levels, say analysts: The Sensex is now trading at 25 times trailing one-year earnings. It is important to note that the rally is driven by PE expansion, not commensurate earnings growth, says V.K. Vijayakumar, Chief Investment Strategist...