
Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers – The Times of India
India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng…