Flashing red! 3 indicators hint world-beating Nifty punching above its weight
“Factoring in the rate hike expectation by the RBI, the long-term bond yields have gone up 82 bps in 2022 so far. Currently, the BEER ratio is trading above 1stdev, indicating a slightly expensive equity market at current levels as against the bond market,” Axis Securities said in a report.
