The Indian Stock Market set out ambitious prospects for Hong Kong and the largest in the world, due to the increased optimism of investors in relation to India's economic capabilities.
According to the end of October, the National Stock Exchange of India already has a total market capitalization of companies in the amount of $ 3.7 trillion, approaching the indicators of the Hong Kong Stock Exchange, which is $ 3.9 trillion.
It is noted that the shares in India have risen even more after this data, in particular due to high profits and positive growth forecasts. This allowed the Indian stock market to reach the seventh position in the world, ahead of the US, China, EU and Japan markets.
In the context of the decade, the Indica and China's stock indices were moving almost in parallel, as Abchiram notes Elesvarapa notes, the head of the BNP Paribas Indian shares in Hong Kong. At the same time, high consumption in India, increasing the cost of wealthy Indians and government capital expenditures for infrastructure make the Indian market attractive to investors.
According to the IMF, India heads the list of the fastest growing large economies in the world, with a projected increase of 6.3 percent this year, compared to 5 percent for China.
Increasing prices for shares in India this year, it is noted that it was determined mainly by internal cash flows, foreigners became clean buyers of Indian shares after a period of net sales in September and October.
