Grasim, Reliance among top 10 Nifty stocks trading at premium of over 30%
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5 months ago
The Nifty, after consolidating in May 2024, touched a fresh high of 24,174 before ending with over 6% MoM gains at 24,011 in June 2024. Notably, the index was extremely volatile and swung around 2,893 points before closing 1,480 points higher. In such a market, domestic brokerage firm Motilal Oswal has analyzed that nearly half of the Nifty constituents are trading at a premium to their historical average.Below is a list of top 10 Nifty50 stocks, as analyzed by Motilal Oswal, which are trading at a premium to their 10 year average:
Economic Times