Have Making Money And Locating Good Stocks Become Difficult In The Current Market?
Have Making Money And Locating Good Stocks Become Difficult In The Current Market?
Shailendra Bhatnagar
- Updated Sep 12, 2024 3:45 PM IST
Are finding profitable stocks and making money in today's market becoming more difficult? Sahil Kapoor, Market Strategist & Head – Products at DSP Mutual Fund, agrees that finding bargains is increasingly challenging due to unprecedented high stock valuations. He points out that over 50% of the top 1220 companies listed on the BSE are trading at a P/E ratio of more than 40, indicating an overstretched market. Watch this excerpt to find out if spotting good stocks in the current market rally is really as hard as it seems.
