With Strong Growth Prospects at Home and Increasing Influence Abroad, India is a Profit Play Investors Need to Make Now
Apr 17th, 2008 | By Martin Hutchinson | Category: International InvestingThe Indian market as measured by the Mumbai Sensex Index is down 22% this year, about 25% below its all-time high reached in January. That’s not very surprising: China is down further (about 35%) and most other emerging stock markets have also fallen. Growth in 2008 seems likely to be slower than in 2007 and there are some signs of a credit crunch.