The growth of the culture of investing into equities, in India, has been remarkable recently.
The number of investors has tripled to 95 million in the past few years. Notably, the current robust bull run in the Indian stock market is primarily fueled by domestic investors rather than foreign capital.
With the rally continuing, the fear of correction is keeping some investors worried, esp. those who recall the 4 most dangerous words in investing – “This Time it’s Different?”
For perspective, one in every ten stocks in the BSE 500 now has a price-to-earnings ratio exceeding 100x.
Read our take on the current bull run, and also check out the Monthly Peer Group PMS report with performance data as of 30.06.2024.
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