Nifty PE dropped from 40 to nearly 33 on 31st march21
How ?
actually NSE changed few things in way to result as this outcome like inclusion TataCP & exclusion of Gail & few earning upgrades
In short, which Nifty was at 14700 corresponding to 40PE , for same 40PE it should go as high as 17700 after 31st March onwards...
happy trading & Investing