Four Flaws Of India’s Sensex Index

The benchmark index of the Indian equity market is the BSE Sensex Index. Though the Sensex is main index for Indian equities it is not the ideal index for many reasons. For example, emerging market investors such as those investing in Indian stocks invest to gain from the growth in the Indian economy.However investing in an …

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The Structure of the Tata Group of India

The economies of many emerging and frontier markets are dominated by a small group of companies owned by powerful families. Next to state-owned enterprises these companies usually conglomerates are the major employees in a country. Majority ownership of companies by families has both advantages and disadvantages which I will discuss in a future post. Family-owned …

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Stock Market: India Outperforming Other BRIC Countries

Indian stocks have outperformed so far this year relative to Brazil, Russia and China. The benchmark S&P BSE Sensex is up by 8.3% this year as of Sept 25th. From a journal article on Indian stocks today: Click to enlarge Once lumped in with a block of emerging markets termed the BRICs—Brazil, Russia, India and China—India …

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On The Current Valuation of India Stock Market

The Indian equity market is under-performing so far this year. The benchmark S&P Sensex index is down 2% year-to-date compared to S&P 500’s gain of 1.05%. Among emerging markets China is down much higher than India but Brazil is up by about 24% as Brazilian equities are recovering due to clarity on the political crisis …

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