Investors Leaving India’s Market Aren’t Thinking Long-Term

Of the emerging BRIC (Brazil, Russia, China and India) nations, India’s stocks are priced the cheapest as government measures to curb inflation have turned away investors, Bloomberg News reported using its own compiled data. Making matters worse, India has the fewest natural commodities of the four-nation bloc - meaning it’s paying a premium to provide for its soaring population. Year-to-date, the price-to-earnings ratio for India’s market has dropped 33%. And for the first time since 2000, foreign investors turned net sellers, Bloomberg reported. Last Friday, India’s government released data that showed that the country’s annual inflation rate rose to a near four-year… SHARETHIS.addEntry({ title: "Investors Leaving India’s Market Aren’t Thinking Long-Term", url: "http://jutiagroup.com/2008/05/13/investors-leaving-india%e2%80%99s-market-aren%e2%80%99t-thinking-long-term/" });