You could be bullish for India: it’s been doing well. In fact, in 2014, the returns on the index have been ludicrously oversized in comparison. The Nifty is really the only index that has a huge double digit return, among the big guys around the world. The US, even with all it’s new found growth, saw the S&P 500 up only 6% for the year.
(This is each index, in its own local currency)
And India is the best performer in the BRIC set:
The 27% return in 2014 puts us right on top of every thing else. Where will we be in December, though?
It does look like a lot of expectations are built into India’s valuations. We better start showing results soon!
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