Share tips : India performed better than world markets 20 Jan, 2016

Share tips  : The Indian equity market has fallen down by 6.27% this year so far; but when compared with other world stock markets, it's relatively better placed and had performed better than most of the larger markets. In the growing markets space, China's Shanghai Composite has dropped by 15% in 2016 so far, while Russia and Brazil has declined 11% and 12%, respectively. India has also performed better than developed markets.

 US Dow Jones Industrial Average has fallen down by 8.25% this year; while in Europe, France's CAC has declined 7.3% and Germany's DAX 9.3%. Moreover, when it comes to market valuations, India seems a tad expensive in the emerging markets space.

Currently India is trading at 18.32 times based on trailing 12-months gains, while China is trading at 15.38 times & Russia at 7. And when compared with developed markets, India seems to be relatively better placed in terms of valuation, as the US is trading at 14.10 times, France 19 times while the Germany was trading at 20 times to their trailing one-year earnings.

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