Silver lining in falling market: 16 Nifty stocks trading below their 5-year PE averages

Despite a recent market rebound, the Nifty is down 7% from September peaks, offering value opportunities as 16 blue-chip stocks trade below their 5-year average PE ratios. Stocks like Adani Enterprises and Tata Motors present potential buys, while the outlook for mid and small-cap growth in the latter half of the fiscal remains positive.