Nifty is trading at a 12-month forward P/E ratio of 19.4x, which is largely in line with its long-period average (LPA) of 20.3x even as broader markets trade at expensive valuations - the NSE Midcap 100 index trading at 46% premium to Nifty.
The fee for obtaining permanent residency in Canada, from April 30, 2024, will rise from the current Canadian Dollars (CAD) 515 to CAD 575, marking a substantial hike of around 12 per cent