What they donโ€™t tell you about the Nifty PE

The market is at a new high. Should I invest a lumpsum in equities today? To answer this question, savvy investors look at the Nifty50โ€™s PE ratio published by the exchange. But before making such drastic decisions based on this lone indicator, it is important to dig deeper into the Nifty50โ€™s published PE.

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