Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Close to a million small shareholders have stake in nine NCLT-bound companies
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
Longest period of price-earnings expansion in the index since 1996
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