India is known around the world as a powerhouse for software services. It may be surprising for some investors to learn that India is a global leader in the pharma industry also. Many of the cheap generic drugs that are sold in the US market are manufactured in India. Many years ago Israel used to …
Continue reading ‘The Top 15 Pharmaceutical Companies in India’ »
One of the important factors that investors are advised to consider when selecting a country for investment is the economic growth of that country. Generally higher economic growth leads to higher equity market returns. However this is not always the case.I have written many articles on this topic before which can be found here and …
Continue reading ‘The Relationship Between Economic Growth and Stock Market Returns is Weak’ »
The bull market in Indian equities continues as we approach the end of the year. Yesterday the benchmark Sensex Index crossed 41,000 for the first time ever in its history. Today the it closed at a new peak of 41,130 after reaching an intra-day high high of 41,163. Click to enlarge Source: Google Finance Indian …
Continue reading ‘India’s Sensex Crosses 41,000 and Hits Yet Another Record High’ »
The S&P BSE SENSEX is the benchmark index of the Indian equity market. The index is up around 9% so far this year. In this post, let’s take a quick look at the sector composition of Sensex. According to S&P, the Sensex “is designed to measure the performance of the 30 largest, most liquid and …
Continue reading ‘On the Sector Breakdown of India’s S&P BSE SENSEX Index’ »
The Indian economy is in a severe slowdown with the latest GDP falling to just 5%, the lowest in five years. Unlike developed countries’ GDP rate, 5% is considered a low rate for India since it is an emerging market and has been growing at a much higher rate like 7% or more. With the …
Continue reading ‘Corporate Tax Rate Cut Propels Indian Stocks’ »