How risky is the equity market now?
Past returns suggest that there is almost 50% probability of an investor incurring losses after a year from current valuation.

ET Wealth provides the pay-off for different sectors and broader indices at current valuations.
Source: Bloomberg/ETIG. Compiled by ETIG Database. Data as on 9 May, 2017. 3 & 5 year return figures are annualised
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