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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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 …
Continue reading ‘Real GDP Growth Rate: India vs. Emerging Markets’ »
The benchmark index of the Indian equity market is the BSE Sensex Index. Though the Sensex is main index for Indian equities it is not the ideal index for many reasons. For example, emerging market investors such as those investing in Indian stocks invest to gain from the growth in the Indian economy.However investing in an …
The economies of many emerging and frontier markets are dominated by a small group of companies owned by powerful families. Next to state-owned enterprises these companies usually conglomerates are the major employees in a country. Majority ownership of companies by families has both advantages and disadvantages which I will discuss in a future post. Family-owned …
Continue reading ‘The Structure of the Tata Group of India’ »
Indian stocks have outperformed so far this year relative to Brazil, Russia and China. The benchmark S&P BSE Sensex is up by 8.3% this year as of Sept 25th. From a journal article on Indian stocks today: Click to enlarge Once lumped in with a block of emerging markets termed the BRICs—Brazil, Russia, India and China—India …
Continue reading ‘Stock Market: India Outperforming Other BRIC Countries’ »