India has outsmarted China in getting its stock market benchmark surge past the 20,000-point milestone, but the domestic stocks are still much cheaper than those in its rival emerging economy, indicating that foreign investors would continue to log onto the bourses in India. When compared in terms of the price-to-earnings ratio, the Indian stocks are currently trading at 26.3 times of the ...
From: in.news.yahoo.com
20k or not, stocks cheaper in India than China
Posted by Ruslan Abuzant at 1:53 AM
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