NIFTY50: Comparative study of all major Indices.

f we consider 27th Oct 2023 as BASE LINE (i.e from where the Current Rally Starts)
Here are the comparison of major indices as now (Base line treat as 0%)
CAC (French Index): +35.07%
NASDAQ (US Tech Index): +32.02%
NIFTY50 (NSE India INDEX): +31.29%
SP500 (US large 500 Company index LIKE in NSE NIFTY500): +31.03%
DAX (GERMANY Index) : +24.61%
DJI (Dow Jones Industrial Avg USA Index) +24.46%
NIKKEI (Index of JAPAN): +15.19%
UK100 (Index from United Kingdom Previously Known as FTSE): +12.27%
HANSSENG (Index of HONGKONG): +0.26%
SSE (Shanghi Composite China): -8.35%
INDIAAN RUPEE Vs US Doller: +0.87%
INDIAAN RUPEE Vs EURO: +6.09% (Good for TCS Like Stocks)
US Doller Vs EURO (Currency of EUROPIAN Uniom): +4.69%

Conclution: 1. Indian Indices is farely valued compare to NASDAQ & S&P500
2. Moderate OVERSTRETCHED CCompare to DAX & DOW Jones.