A lower means that a security’s value does
not fluctuate dramatically, but changes in value
at a steady pace over a period of time.
VIX' level of below 15 is seen as stability to the
market, while a figure above 15 indicates high .
So be and get use of the consolidation to invest more in the market.
Historical NIFTY 50 P/E, P/B & Div. Yield values
For the period 01-02-2017 to 30-04-2017
some previous tops...
Date Yield P/E P/B Div
08-Jan-2008 28.29 6.55 0.82
13-Oct-2010 25.91 3.92 1.01
03-Mar-2015 24.06 3.82 1.22
And a recent top was on
08-Sep-2016 24.54 3.41 1.20
Finally the current value is
28-Apr-2017 23.63 3.55 1.23
so it doesn't seems to be in any alert level, but nothing cost us, if we take caution on every top.