As requested by Mr. Sandeep Bhanusali, we are just putting up the graph on Junior NIFTY
Valuation of Junior NIFTY as per PE (16.7x) is bit undervalued unlike NIFTY. Components of Junior NIFTY is entirely different from NIFTY. That is the reason. However, it is not cheap.
FYI -
Components of Junior NIFTY
Components of NIFTY
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