Hello! All this weekend, I have been applying a method commonly used by Bridgewater Associates (Ray Dalio) to measure how much in yeild terms is our Nifty50 valued at and is it even overpriced?
It is Div. Yeild to Nifty50. The chart is given below. Iād appreciate if knowledgeable members could opine (whatever you feel like) with a brief reason about this.
My bias: The markets are definitely heated at the moment, just not enough to trigger a massive correction. Long term bullish bias intact.
Pink Line: Index / Green Line: Div. Yield %
