Is India the new China? Or is it the new US?
India’s stock market is seeing an uptrend, with the market hitting an all-time high valuation of US$3.8 trillion last month. In fact, some say there’s further room to grow for Indian stocks.
So what’s making the country’s stock market so attractive at the moment? Is this a new dawn for Indian stocks?
On Money in the Market, Hongbin Jeong speaks to Prashant Kothari, Senior Investment Manager, Emerging Equities team, Pictet Asset Management to find out more.