Indian stocks remain overpriced despite deep sell-off, list shows global comparison

Indian stocks are trading at stretched multiples and remain more expensive than global peers despite a deep sell-off, Moneycontrol reported. Nearly 30% of Nifty 500 index is trading above 50x price-to-earnings (PE) multiples, higher than the 148 stocks trading at that level during the market's peak in 2024. Over half of the index is trading at PE multiples above 30x.