If you want to earn a lot by investing in stocks, then you should not let this opportunity go. The valuation of big stocks has come to an attractive level. I don't know when you will get a chance to invest in big stocks at such an attractive valuation. Shailendra Kumar, Chief Investment Officer of Narnolia Financial Services, said that in the last 10 years, Nifty has mostly made its bottom near the PE level of 20. According to this, when the PE of Nifty has come close to this level, then this is the right time to invest in large cap stocks.
Currently Nifty PE is 20.35
Nifty is currently trading at a PE of 20.35 on a 12-month trailing basis. As soon as the market starts recovering, the valuation will start increasing. Then, the opportunity to invest in large-cap stocks at attractive prices will be lost. Kumar described the shares of government power finance companies, government power generation companies and some power ancillary MNCs as good for investment. He also described the valuation of private banks as attractive.
The value of private banks is also attractive
Kumar said that the price-to-book ratio of private banks listed on Nifty is around 2.2 on a trailing basis of 12 months. This is the lowest in history. Kumar has more than two decades of experience in fund management and investment advisory. He said that the valuation of private banks is such that it cannot be let go.
Also read: Tata Motors stock has fallen 43% from its record high, if you do not invest now then you will not get this stock
The picture is unclear regarding the impact of tariffs
Regarding Donald Trump's tariff policy and its impact, he said that this issue is a big risk for global economic growth. This can create uncertainty in many sectors. The picture is expected to become clear in the next few weeks. Trump has said that he can announce reciprocal tariff on April 2. The details of the reciprocal tariff have not been revealed yet. Trade talks between America and India are going to take place in the next few months. America has talked about increasing bilateral trade with India to $ 500 billion.
