Market Matrix – Nifty closed nearly at 3600 level

Friends, Last week has been one of the most action packed and still has passed without any historic single day fall in any of the markets around the world with an exception of DOW which lost maximum in a day for the past eight year period, if not all time. Today markets in India have

Nifty’s strength now in comparison to Jan 2004

Friends, You were told about the Nifty’s strength now in comparison to Jan 2004. Please have a look at the concrete ratios given below for it since 2004: 01/01/04 PE=21.09 BV=4.12 Div Yld=1.4403/01/05 PE=15.57 BV=3.67 Div Yld=1.8902/02/06 PE=17.16 BV=4.37 Div Yld-1.5602/01/07 PE=21.48 BV=5.12 Div Yld=1.2001/01/08 PE=27.64 BV=6.40 Div Yld=0.8003/10/08 PE=16.41 BV=3.18 Div Yld=1.49 By the