Indian stock markets deliver world’s best returns over the past 3 months

November 22, 2007

In spite of the recent volatility, Indian stock markets have registered the best performance in the world (in terms of returns over the past 3 months). This is according to analysis by the firm MSCI Barra.

Indian stock markets have delivered returns of over 33% (in USD terms). About 5% lower are returns from the second best markets of Qatar and Egypt.  Of the developed countries, Spain and Hong Kong delivered returns of about 18% (a tad more than half of our returns), while advanced economies like the US, Japan etc. have yielded negative returns.

Another chak de moment for India!

Read more at:

 http://economictimes.indiatimes.com/Market_Analysis/India_Worlds_best_performing_stock_market/articleshow/2559788.cms

Entry Filed under: Business, Chak de India. Tags: , , , .

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