Fairval

Notes on Indian equities, sectors and economy

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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