BSE needs more subscribers to help stock valuations

A sell-off in Indian equities markets after a spike in crude oil prices shouldn't be surprising. There is a negative correlation between stock valuations in India and the price of Brent crude oil, which is the benchmark for the Indian crude oil basket. Between 2011 and 2014 crude oil traded above $100 a barrel, the Sensex-trailing price earnings P E was 18 X, on average, nearly 22 per cent lower than the current index P E of 23 X. Since the beginning of the Business Standard, the Sensex-trailing P E multiple has gone down 17.2 per cent and has always strived to provide up-to-date information and commentary on developments that are of interest to the country and the world, and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only made our resolve and commitment to these ideals stronger. Even during the difficult times arising out of Covid-19, we remain committed to keeping you informed and informed with credible news, authoritative views and incisive commentary on topical issues of relevance.

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Many of you have subscribed to our online content because of our subscription model. We want to give you better and more relevant content, and we can do that by adding more subscribers to our online content. We believe in fair, fair and credible journalism.