Stock Markets Exposed
can someone please guide me about the future prospects of the indian stock market?
The Indian Stock market has been bullish since the past 4 years.Will the journey still continue upward or a bear market can be expected?
Public Comments
- Being an outsider looking in, I have to tell you that the valuation of most Indian stocks is rather high right now. The average pe ratio of world stocks is about 17. That of Indian stocks is about 2x that. Now India is currently growing at certainly 2x times the world average growth rate so perhaps the valuation is not completely out of line but it does not leave much room for error either. That does not mean that Indian stocks should be shunned completely, but it does mean that there certainly could be a rough ride ahead for the unwarry.
