The equity market in India reached a new peak last week with the benchmark Sensex reaching a record high of 64,768 on yesterday Friday, June 30th. It ended the day at 64,718. The index has been a tremendous run since the troughs of the Covid-19 panic in early 2020. Since then it has crossed it …
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India-based automaker Tata Motors Ltd’s ADR used to trade on the NYSE under the ticker TTM. I recently found out that the company delisted its ADR in January. The final notice of termination of the ADR by the depository Citi can be found here. ADR holders can contact the information agent at the address below …
Higher economic growth does not necessarily lead to higher equity market returns and vice versa. I have written about this concept many times before. So it is wise not to invest in the equities of a country just because the economy is growing strongly. Over the past three decades or so, China and India have …
Continue reading ‘Stock Market Investing: India vs. China – Which is Better?’ »
The Indian equity market has performed very well this year. The benchmark Sensex has shot up over 21% year-to-date. In the past five years the index has more than doubled. Today the index reached a new high of 58,459.70 before retreating. Sensex year-to-date return: Sensex 5-year return: Source: Google Finance Related: Is now a good …
India’s benchmark Sensex index has made a strong recovery since the March lows of 2020.But earlier this year the index wobbled as rising covid cases and restrictions made investors jittery. Recently though the Sensex has been rising and has crossed the 50,000 level again. In the past 5 years the index has shot up nearly …
