Corporate Governance and Major Trends in India and Indian Stocks
Macro trends are extremely important in the investing world. That is essentially the difference between the developed, the developing, and the underdeveloped world-the macro system in place by the Goverments and institutions involved. The United States has a stock market cap of $15 trillion, whereas India is about $500 billion. The world's total stock markets are worth $45 trillion (US is 1/3 the market cap of the world!).
What's an investor to take from these numbers? There is room to grow for India. Indian Markets and the Indian economy is still a very small player on the global scene, and that is going to change in the years to come, provided India executes well and remain free market (and innovation) friendly.
The recent sell-off on the Indian markets is a great buying opportunity for people who believe in the fundamental story of India, Inc.
Sanjay John G.