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Bloomberg : Now investors prefer China over India
28-11-2021, 08:58 AM
https://www.goodreturns.in/personal-fina...31333.html
FPIs Sell Shares Worth Rs 23,000 Crores In Cash Market, Is China Becoming Attractive?
Foreign Portfolio Investors have net sold in the cash market to the tune of a solid Rs 23,000 crores, so far in November 2021. Their gross purchases have been at Rs 140,015.38 crores, while their gross sales has been to the tune of Rs 163,053.36 crores.
Last few days sees relentless selling pressure by FPIs Purchases
The selling pressure has been relentless and many Foreign Portfolio Investors like Blackrock Ind recently said that China looks much better than the Indian markets in terms of valuations.
According to a Bloomberg Report, Blackrock Inc. is trimming its investments in Indian equities and becoming more optimistic on China on attractive valuations amid expectations that policy hurdles will ease next year.
"Valuations are key right now," Belinda Boa, head of active investments for Asia Pacific at the world's biggest asset manager, said at a briefing. "Because of the outperformance we've seen in India this year, on a relative basis, we are starting to take profits and becoming more positive on Chinese growth stocks," she said.
Recently, Goldman Sachs too downgraded Indian Equities citing expensive valuations. According to Goldman Sachs, the Indian equity market is trading near peak 12-month forward PE valuations of 23 times, which is at a record 60% premium to the Asia Pacific ex-Japan region. Morgan Stanley also cut India's rating, citing expensive valuations.
FPIs Sell Shares Worth Rs 23,000 Crores In Cash Market, Is China Becoming Attractive?
Foreign Portfolio Investors have net sold in the cash market to the tune of a solid Rs 23,000 crores, so far in November 2021. Their gross purchases have been at Rs 140,015.38 crores, while their gross sales has been to the tune of Rs 163,053.36 crores.
Last few days sees relentless selling pressure by FPIs Purchases
The selling pressure has been relentless and many Foreign Portfolio Investors like Blackrock Ind recently said that China looks much better than the Indian markets in terms of valuations.
According to a Bloomberg Report, Blackrock Inc. is trimming its investments in Indian equities and becoming more optimistic on China on attractive valuations amid expectations that policy hurdles will ease next year.
"Valuations are key right now," Belinda Boa, head of active investments for Asia Pacific at the world's biggest asset manager, said at a briefing. "Because of the outperformance we've seen in India this year, on a relative basis, we are starting to take profits and becoming more positive on Chinese growth stocks," she said.
Recently, Goldman Sachs too downgraded Indian Equities citing expensive valuations. According to Goldman Sachs, the Indian equity market is trading near peak 12-month forward PE valuations of 23 times, which is at a record 60% premium to the Asia Pacific ex-Japan region. Morgan Stanley also cut India's rating, citing expensive valuations.
28-11-2021, 08:58 AM
Obviously China is a better choice over India.
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28-11-2021, 09:22 AM
https://economictimes.indiatimes.com/mar...s?from=mdr
In terms of trailing values, India’s market cap-to-GDP now stands at near 188 per cent based on the latest advanced estimate for GDP for 2020-21 and the current market capitalisation of all BSE-listed companies.
For those who are keen observers of market trend, the ratio is a tell-tale sign of the overheating of stocks given that in the past such elevated levels have been followed by periods of sharp cooling off.
In terms of trailing values, India’s market cap-to-GDP now stands at near 188 per cent based on the latest advanced estimate for GDP for 2020-21 and the current market capitalisation of all BSE-listed companies.
For those who are keen observers of market trend, the ratio is a tell-tale sign of the overheating of stocks given that in the past such elevated levels have been followed by periods of sharp cooling off.
28-11-2021, 09:32 AM
I agree India market is to high.
Because India stocks have outperformed all including US.
Because it performed so fantastic some temporary pull back is need before it resumes its historic climb
Because India stocks have outperformed all including US.
Because it performed so fantastic some temporary pull back is need before it resumes its historic climb
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
28-11-2021, 09:39 AM
28-11-2021, 09:40 AM
28-11-2021, 11:41 AM
Billionaires trillionaires stupid ah to invest so much in a messy muddy hit run place?
All humans including businesses must have a peaceful, secured , prospering , efficient place, least bureacratic red tape n finally sufficient skilled trained manpower to maximise their profits to please their shareholders , otherwise all tbe employed bosses wud b sacked!
All humans including businesses must have a peaceful, secured , prospering , efficient place, least bureacratic red tape n finally sufficient skilled trained manpower to maximise their profits to please their shareholders , otherwise all tbe employed bosses wud b sacked!
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