202 BSE 500 Stocks Trade Below Valuations

Economic Times Markets · stocks

Over half of the companies in the BSE 500 index are trading below their five-year average valuations, indicating weak market sentiment. Specifically, 202 out of 375 analyzed companies fall into this category. This trend follows the BSE Sensex's retreat of nearly 16% from its December peak. Many companies have also failed to generate returns over the past two years, despite reported earnings improvements. Geopolitical uncertainties and volatile energy prices are contributing factors to the current market conditions.