The S&P BSE SENSEX Index of the Indian equity market soared recently after the re-election of the Prime Minister Modi. The index is up just over 10% year-to-date. Currently the index is trading in the 39,800 range within a striking distance of the 52-week high at 40,312. It remains to be seen if it can surpass …
Continue reading ‘On the Composition of India’s S&P BSE SENSEX Index’ »
The BSE S&P/SENSEX index of the Indian equity market reached an all-time high of over 39,000 in April. Since then it has drifted downwards and closed at 37,462 on Friday. The market is highly anticipating the results of the General Elections currently in progress. The election was held in multiple phases and after the final phase, …
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India lags China in terms of economic size but India is growing fast to catch up. Since the 1990s China’s GDP per capita has grown steadily and has reached about $10,000. India’s rate on the other hand stood at less than $2,000 in 2018. According to an article by Alva Devoy of Fidelity Australia, India today …
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The benchmark index of the Indian equity market S & P BSE Sensex is up by 2% YTD at 34808. However over the past 52 weeks it reached a record high of 38896. Since then it has slid some 5% to current levels. Among the major emerging markets, only Brazil is performing better than India due to ending …
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India is the sixth largest economy in the world. According to IMF data, India’s GDP in 2017 was $2.6 Trillion. The trade wars initiated President Trump with China and other countries may not impact India severely as the economy is domestically oriented noted Sukumar Rajah of Franklin Templeton in an article last month. 76% of revenues …
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