India’s Sensex Reaches Yet Another Record Again

Emerging markets are on fire this year. Many of these markets have soared much more than developed markets. Among the major emerging markets India is one of the top performers. The benchmark Sensex reached yet another record yesterday. The Sensex has shot up by 26.5% so far this year. This is higher than the equity …

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Morgan Stanley: India’s Sensex Can Reach 34,000 In One Year

The Indian equity market is one of the best performing markets so far this year. The benchmark S&P BSE Sensex is up by over 17% year-to-date. Despite the strong gains, Morgan Stanley’s Jonathan Garner, the chief Asia and emerging markets equity strategist predicts the index may reach 34,000 by June, 2018 according to an article in …

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How Diversified is India’s Sensex Index?

The S&P BSE SENSEX, the benchmark index of the Indian equity market is diversified but concentrated in a few sectors. The following chart shows the sector composition of the index: Click to enlarge Source:Sector Diversification through Index Linked Products, Indexology Blog The 30 constituents in the Sensex are from ten sectors as shown above. As …

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Indian Stock Market Is Expensive Based On Valuation

The Indian equity market is one of the top performing emerging markets so far this year. The benchmark S&P BSE Sensex crossed the 30,000 mark for the first time in many months. The index closed yesterday at 29575 for a gain of over 11% this year. Though Indian stocks have the potential for further growth, on a …

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Real GDP Growth Rate: India vs. Emerging Markets

India is one of the major economies among the emerging countries. Recently the Indian government announced that the economy grew at  7 % in the quarter when a demonitization program was launched to unearth untaxed and illegal money held by wealthy Indians.This figure has surprised many economists and investors. From a Bloomberg article Mihir Sharma: Being the …

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