When one analyses the data, we find that average 15-year valuation for the Sensex is 15x P/E (Price to Earnings) . As of now Sensex is trading at 13.5x FY11-12 P/E multiple and thus one can see that Sensex is trading at reasonable valuations.
Moreover another index which can be under eye is MSCI India index which is trading at 11x FY12 P/E and thus same is at comfortable levels and one can be long in the market with long term perspective.
Thus remember to visit our website for free share tips and Nifty and Sensex updates to make money in the stock market.