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Nifty Stocks Valuation: Over 50% of Nifty stocks still expensive despite fall in index

Valuations of more than half of the benchmark Nifty 50 companies are above their long-term averages even after the declines in the market.

According to a Motilal Oswal Financial Services study, 27 out of 47 companies on the Nifty were trading above their 10-year average valuations. The…

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