Invest on the basis of PE Ratio, not on P/S Ratio
The Sensex has risen 45% since January 2020, the pre-pandemic period and by 26% since January 2021. However, the BSE Smallcap index has jumped 114%
The Sensex has risen 45% since January 2020, the pre-pandemic period and by 26% since January 2021. However, the BSE Smallcap index has jumped 114%
Amid the COVID-19 devastation, the rally in the domestic market continues as both the 50,000 level and 60,000 mark have been breached in 2021. Sensex
Since pre-pandemic time (January 2020), the Sensex has gained 41%; however, the BSE Smallcap has gained 99%. The small-cap segment has outperformed the Sensex by 2.4 times!
Many market experts are voicing concern about this rise in the equity market and are forecasting deep correction sometime in the future. So we will try to first understand what is making the equity market move ahead and then what are the events or triggers that can stop its march ahead.
In the year 2020, the Sensex gained 15.7 per cent. Equity investors grew richer by Rs 32.49 lakh crore in 2020 helped by massive returns