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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How Diversified is India’s Sensex Index?

The S&P BSE SENSEX, the benchmark index of the Indian equity market is diversified but concentrated in a few sectors. The following chart shows the sector composition of the index: Click to enlarge Source:Sector Diversification through Index Linked Products, Indexology Blog The 30 constituents in the Sensex are from ten sectors as shown above. As …

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Indian Stock Market Is Expensive Based On Valuation

The Indian equity market is one of the top performing emerging markets so far this year. The benchmark S&P BSE Sensex crossed the 30,000 mark for the first time in many months. The index closed yesterday at 29575 for a gain of over 11% this year. Though Indian stocks have the potential for further growth, on a …

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Real GDP Growth Rate: India vs. Emerging Markets

India is one of the major economies among the emerging countries. Recently the Indian government announced that the economy grew at  7 % in the quarter when a demonitization program was launched to unearth untaxed and illegal money held by wealthy Indians.This figure has surprised many economists and investors. From a Bloomberg article Mihir Sharma: Being the …

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