Indian Stock Market Watch
Please refer to my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether market is cheap or expensive.
For getting the monthly numbers for GNP in 2015-2016, we have projected 2015-16 GNP, by applying RBI's forecast of growth and inflation on the recently released Government's estimate of 2014-15 GNP.
Please refer to my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether market is cheap or expensive.
For getting the monthly numbers for GNP in 2015-2016, we have projected 2015-16 GNP, by applying RBI's forecast of growth and inflation on the recently released Government's estimate of 2014-15 GNP.
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