Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
If financials and oil sectors were removed, India Inc has done quite well.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
There, however, has been an improvement in operating margins.
Experts say the BSE Sensex could rise to around 32,000 in a year.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Lower IT exports will raise India's dependence on capital flows to fund imports.
Through the past 12 months, the Bank Nifty has risen 55%
Sensex, Nifty put up a good show in closing trade.
Pharma stocks have performed well after Budget
The Indian indices also offer one of the lowest dividend yields.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
23 Nifty companies reported an annual decline in net profit.
The Sensex ended in red on domestic concerns.
The Sensex ended lower on unfavourable cues.
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
In India, bond yields have fallen nearly 70 basis points in the last one year.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
More than 10% (40 of 498 companies) have lost at least half their market value.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
The analysis is based on the free-float market capitalisation.
There are a few factors that can spoil the party
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
This weakness is likely to continue in the near-term.
Many analysts find market expensive, even at current levels.
Longest period of price-earnings expansion in the index since 1996
Sales expansion also down 4.4%
Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
IT companies account for a third of the entire dividend pot this year
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.