Fairval

Notes on Indian equities, sectors and economy

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Posted by fairval on January 6, 2007

India is slightly ahead of South Korea and Brazil in number of companies with more than $1bn market capitalisation, and clearly ahead of China at this point, points a report by Enam. This has allowed foreign portfolio investors to park a lot of money into India. India may have emerged as an indepedent investment destination, points the report. It says India allocation of many funds is around 18%, versus MSCI weight of 10%

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