Economics

What Is Market Cap To GDP Ratio Of India?

Despite the recent market volatility, Indian shares remain pricey by multiple measures. For example, India’s market capitalization-to-GDP ratio has reached a multi-year high. Based on the FY22E gross domestic product (GDP) estimate, the ratio is currently at 116 percent, which is higher than the long-term average of 79 percent. According to a report from stockbroker

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