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!
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Entry Filed under: Business, Chak de India. Tags: Chak de India, global stock market performance, India, Indian stock markets.
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