Per Capita Income Comparison of BRICS Countries

The per capita income among BRICS countries vary widely. Russia has the highest per capita income at about $11,000. India has the lowest at $2,000 as shown in the chart below: Click to enlarge   Source: India’s Strong Economy Continues to Lead Global Growth, IMF The IMF article notes that India’s per capita income is well …

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India’s Sensex Reached A New Record High

The Indian equity market is on fire with the benchmark BSE Sensex index reaching a new record high yesterday. The index rose 352 points or 0.95% to reach 37,336. Sustained capital inflows and India’s insulated economy from the impacts of Trump’s trade wars are fueling the surge in stocks. In dollar terms, the Sensex is up …

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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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