Page 13 - Indian Market
Strong rupee, weak exports hurt GDP growth
Exports growth has been anaemic in the past two years despite a strong show by Asian rivals such as Vietnam, Bangladesh and the Philippines
 "Strong rupee, weak exports hurt GDP growth")
India most expensive market on forward earnings multiple
India is now the most expensive market in the world as measured by its earnings multiple for the next one year. The country's Nifty 50 companies trade at a 12-month forward price to earnings multiple of 20 times, making India the most expensive market in the world, data collated from Bloomberg shows. Benchmark indices Nifty and Sense are the top performing indices in the year to date behind only Mexico, with the Nifty 50 clocking gains of 29.3 per cent. In terms of earnings, however, India is placed at number 16 if we consider earnings for the Nifty 50 companies and below markets such as Taiwan, Singapore, France, Netherlands, Germany, South Korea and Mexico. Even if we consider a 3-year trailing period, India is number 12 behind markets such as the US, Indonesia and Thailand. Analysts widely believe that earnings growth will revive in the second half of FY18 and pick up steam in the first two quarters of FY19 as the disruptive forces of demonetisation, goods and services tax (GST) ..
 "India most expensive market on forward earnings multiple")
North Korea heat spooks Indian market
Sensex, Nifty fall for 4th day on FII pull-out; Rs 5 lakh cr m-cap eroded this week
 "North Korea heat spooks Indian market")
The Indian macro set-up is the strongest among EMs: Morgan Stanley's Garner
India remains one of the preferred bets among Asian equities, says Jonathan Garner of Morgan Stanley
 "The Indian macro set-up is the strongest among EMs: Morgan Stanley's Garner")
Indian market is not a bubble, says Glen Baptist
Interview with the CEO and chief investment officer of US-based Pramerica International Investments
 "Indian market is not a bubble, says Glen Baptist")
Foreign flows relative to market size among lowest for India
Flows of more than 1% are considered to be healthy for market performance: Analysts
 "Foreign flows relative to market size among lowest for India")
Indian market probably has more headroom than the US: Geoff Lewis
For investors in Asian equities, the current environment looks highly supportive
 "Indian market probably has more headroom than the US: Geoff Lewis")
India's peculiarity: Low bond yields, high lending rates
SBI and other large banks' minimum lending rate remains steady at 9.30 per cent since September last year
 "India's peculiarity: Low bond yields, high lending rates")