Hi, earlier i've analyzed nifty's correlation with PE ratios
today i've analyzed brooder market's indices Nifty500 for better expansion & grip
and here i'm sharing current nifty500 value plus nifty500's corresponding hypothetical values at different PE ratios (price / earning) levels
latest value of nifty500 PE is 21.84 which still little higher than historical supportive PE of 20 for Nifty500 indices