Indian Market Cap
Market cap movement of different countries over the past five years is given in this interesting write-up:
As always, two diametrically different possibilities emerge from this piece of data:
- Long-term India Growth Story is a certainty. Hence we ought to remain invested in the Indian stock markets
- Short term risks - Can India sustain the pace? Is it realistic and apt that India ought to be ahead in Market Cap vis-a-vis countries like Germany, Brazil, Russia, etc.?
Or, perhaps, the possibilities are not so diametrically different, after all!
Regards,
N
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