Some big timers are manipulating & trying to keep the market down. And thereby buying at very low levels.
Few years back pundits said check the NAV, EPS and PE ratio among other indicators and invest. Today PE ratio's of some companies are much lower than before but share prices are less than previous prices.
Is there new indicators better than P/E ratios.
Few months back some predicted through Media saying Capital GT will be introduced. They gave the reason as CGT for the market drop. When it was not introduced market is still same.
Central Bank says country is much better now.
Is it the manipulation by big timers to buy?
Foreigners are buying.
Very soon people will realize and market will move up.