HOODnote: India is an investment, not a trade
2022 was a great year for India in relative terms especially against other emerging markets. As we enter 2023, two questions dominate the thought process:
- Will India be able to deliver on earnings expectations – running at 14-15% p.a. earnings growth for the market over the next two years?
- Can the elevated valuations (both absolute and relative) be justified?
CityWire Funds Insider: The big winners and even bigger losers from a shocking 2022
Gavin Lumsden examines the 2022 markets, and with tables from Numis Securities, lists India Capital Growth as a “big riser” Equity Investment Company under the Energy and Commodity section.
Funds Europe: Emerging markets – India the safest haven of the BRICS?
Since the acronym was coined, much has changed in some of the countries that make up the ‘BRICS’. Piyasi Mitra considers why India may be the standout.