Indian Stock Market Watch
Our estimates show that market capitalisation to GNP is at highest level since Narendra Modi came to power as Prime Minister.
Our estimates show that market capitalisation to GNP is at highest level since Narendra Modi came to power as Prime Minister.
Please see my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether the market is cheap or expensive.
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