After the National Stock Exchange reached the 7,500 mark, we started a strong buy with a target of 10,500 as we reached a PE ratio (price to earnings ratio) of 12.54, which was only 12 percent away from the 1991 minimum level. If we cannot take 12 percent risk, then we are not right according to the investors in the capital market. All CNI members who followed this opinion benefited greatly. Some members did not accept this opinion due to uncertainty, fear of huge losses in futures and derivatives and not much confidence in our analysis. Those who follow our opinion have benefited from 25 percent to 100 percent of the market in the last three months and this move has not slowed down yet.

We have talked about this subject on many occasions, yet we are talking once again on this issue to know what is the reason behind the rise in the share market both domestically and globally despite the decline in economic activity. .

Starting this thing, we want to bring your attention to this aspect that PE ratio is still close to 18.5 to 19. Which means that there is still a possibility of the National Stock Exchange going upwards. The PE ratio of the NSE has been above 27 and must have been the essential reason.

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