• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Indian Economy And Equity Markets Outperformed China Over Past 3 Years

OMMCOM NEWS by OMMCOM NEWS
May 6, 2024
in Business
equity markets

New Delhi: China’s equity markets have lagged Indian equity by a long stretch, as per a report by DSP Mutual Fund.

China’s current equity market capitalisation is double that of India, at a time when it’s GDP is 5 times that of Indian GDP.

Between 2004 and 2021, China’s economy outgrew India’s GDP at a ferocious pace but has lost some relative momentum since. Over the past 3 years, the Indian economy and equity markets have outperformed China, the report said.

At this juncture, India’s frontline stock index, the Nifty 50 Index trades at 23x trailing earnings, while the Shanghai Composite trades at 11x trailing earnings.

Emerging markets vary widely in quality, with India considered high-quality and traditionally expensive, while China and South Korea are perceived as lower quality and cheaper.

India’s appeal stems from favourable demographics, economic reforms, and supply chain realignment. Despite its high price-to-book ratio (over 4x, akin to the US), its return on equity matches that of the US, justifying a premium valuation. If India were to cheapen significantly, it could offer an excellent entry point for long-term investors, the report said.

Similarly, the US market features quality companies with elevated valuations, contrasting with Japan’s historically opposite traits.

The global market is currently experiencing a phase of remarkable optimism, buoyed by robust corporate performance and substantial earnings growth. Notably, amidst this landscape, Brazil has emerged as a standout case. It not only exhibits significant earnings growth but this growth is accompanied by an equally impressive valuation trend, the report said.

India stands out for its impressive earnings growth, albeit accompanied by premium valuations. “Consequently, Indian equities no longer represent a bargain opportunity. Indian equities lack a margin of safety,” it added.

(IANS)

Tags: GDPmutual fund
ShareTweetSendSharePinShareSend
Previous Post

India’s Services Sector Clocks Robust Growth In April, Lifts Business Confidence To 3-Month High

Next Post

Blacksoil Invests $49 Million In 11 New Deals In Q4

Related Posts

GDP Growth
Business

Crisil Expects India’s GDP Growth To Remain Steady At 6.5 Pc, Another Rate Cut This Fiscal

September 29, 2025
Business

UP Trade Show Concludes In Greater Noida: Piyush Goyal Says State Is Emerging As Investors’ Choice

September 29, 2025
Business

Markets End Flat Ahead Of RBI Policy Outcome; Banking, Financial Services Stocks Rise

September 29, 2025
Business

Moody’s Affirms India’s Baa3 Rating With Stable Outlook

September 29, 2025
Business

Shirish Chandra Murmu Appointed RBI Deputy Governor

September 29, 2025
Business

Indian Discoms’ Operational Losses To Be Reduced By A Third In FY26: Report

September 29, 2025
Next Post
BlackSoil-i

Blacksoil Invests $49 Million In 11 New Deals In Q4

Bison Kaalamaadan

Shoot Starts For Dhruv Vikram-Starrer Tamil Movie, Tale Of Grit 'Bison Kaalamaadan'

Nia Sharma

Nia Sharma's Unique Woes: Can’t Decide Whether To Leave Bed After 15 Hours Of Sleep!

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.