Friday, June 26, 2009

Two years of consolidation?

I was looking at the S&P CNX Nifty statistics today in terms of P/E, P/B, and Dividend Yield as well as Nifty levels. Here are the data for last two years:

DateNifyP/EP/BDividend Yield
26 June 20074285.720.65.41.11
26 June 20084315.8516.663.861.4
26 June 20094375.520.083.631.14

Can this be called consolidation with the Nifty range varying between 6357.1 (8 Jan 2008) and 2252.75 (27 October 2008)?
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