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This paper reviews the real estate markets in India and assesses the risk-adjusted performance and portfolio diversification benefits for the real estate markets (office, retail and residential) of New Delhi and Mumbai (two largest cities in India) over the 1998: Q2-2005:Q4 period. The real estate markets were found to under-perform the stock market in India over 1998-2005, with most markets improving their performance in more recent years, although there was some loss of portfolio diversification benefits for office and residential real estate with stocks. Deregulation of the capital markets and international investment in India is also likely to have a significant impact on future FDI levels and the growth of real estate funds for real estate investment in India.
... on the BSE/NSE, and a total market capitalization of $1,069 billion, the Indian stock market is the ... Bombay Stock Exchange Stockmarket index (Sensex) increased by 42%; this being the second largest i...
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LONDON (HedgeWorld.com) - The India growth story is set to continue in 2008, as will the trend toward higher company valuations, and foreign acquisitions by Indian companies, according to Deepak Lalwani, an India-watcher and director at London-based brokerage Astaire & Partners.
But risks remain, most prominently political risks, given that assembly elections are scheduled in at least ten states in 2008, and the possibility of coalition government - and tortuous coalition politics, which Indian citizens know so well, and like much less - remains a real one. Weak global markets are also a concern, although Mr. Lalwani noted in his twice-monthly India Report that exports in 2007 accounted for less than 15% of overall gross domestic product, meaning that India is well-insulated from a pote...
... Bombay Stock Exchange benchmark index, the SENSEX, which ended 2007 at 20,287, up 47.1% for the year...The market capitalization of the Bombay Exchange rose 94% to $1.7 trillion d...
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The Rescue. II. A House is not Just a Home. III. Building a Better Mouse Trap. IV. The Safest Game in Town. V. Gain with no Pain. VI. The Police do not Patrol Here. VII. The Smart Guys Never Lose. VIII. Everyone Joins the Party. IX. The Music Stops Playing. X. We Have an Emergency. XI. To Go Where No One Has Gone Before. XII. Conclusion.
... . Maneuvering through turbulent capital markets complete with its risk, volatility, and rewards ha... all over the world lost market capitalization at record rates. Illustrative of this point, durin... Bovespa’s lost $23.8 billion; and India Sensex lost $21.6 billion.” 61 . Meanwhile, the heads o...
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... returned to international capital markets in January with $1,025 billion in dollar-denominat... lost $2.4 billion in market capitalization as the stock dropped by 90% on the Indian exchange... was despite the fact that the 30-share Sensex lost 53% of its value and, according to the SEBI, ...
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GENEVA (HedgeWorld.com) - A recent conference on Indian hedge funds included contrition, defiance and some controversy as beaten- down funds tried to defend their strategies, investors sought answers about downside protection and the longer term prospects, and those few funds that have achieved outstanding performance this year sought to let everyone else know about their success.
Macroeconomic concerns have weighed heavily on India's markets this year. The price of crude oil is one factor affecting the profitability of Indian companies in spite of heavy government subsidies for refined products. Bizarrely, it is these same subsidies that risk putting Indian Oil, a state-controlled firm and India's largest oil refiner, to the wall, a result of the requirement that the company subsidize ...
... the driver began talking to me about the Sensex at 35,000," he recalled. "That's when we sold all ... and just 0.5% of its market capitalization. Investors can expect big returns if they invest a...
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NEW DELHI - India's stock market is scaling new heights, driven by foreign investors - particularly Americans - eager to seize opportunities in one of the world's fastest growing economies.
The market's surge cuts across all sectors, from cement, steel and banking, which have been driven up by a housing boom, to the stocks of hotel chains that are putting up more tourists.
... index of the Bombay Stock Exchange, the Sensex, since late April - causing some to wonder if a bu... investors, with the market's capitalization growing to $450 billion, a nearly 30 percent incre...
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... by China's cheap labor and growing market for consumer goods. Based on population, China's m...This has helped push the Sensex share index up by more than 50 percent in 12 month... Triple Helix 5 Conference on the Capitalization of Knowledge: Cognitive, Economic, Social & Cultur...
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... also able to enter new consumer product markets and is now positioned as the third largest insect ... time frame that the Bombay Stock Exchange "Sensex" lost 53% of its value and the Indian Rupee deprec... of $478 billion(a) and a market capitalization of $52 billion(a). . (a) 30 June 2002 . ...
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BASEL, Switzerland (HedgeWorld.com) - Investors may be over the worst of the "disorderly de-leveraging" which began in mid-2007 and intensified from the end of February to mid-March as the Bear Stearns crisis played out, according to the Quarterly Review from the Bank for International Settlements. However the BIS noted in the review, published Monday [June 9], that credit investors remain cautious, and credit spreads continue to sit at historically high levels.
Nonetheless, there has been a marked improvement in conditions since the height of the crisis, when markets across asset classes were extremely illiquid and booming credit spreads underlined the severe level of market stress and heightened concerns regarding leverage and liquidity. But then, BIS noted, "markets subsequently rebo...
... De-leveraging has slowed, and bank capitalization, although still weaker than at the onset of the cr..., with both the Bombay Sensitive Index (Sensex) and the Shanghai Composite languishing at 2008 lo...
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LONDON (HedgeWorld.com) - Agra Capital has announced that it is to launch its Agra India fund, a long/short equities fund, on the PCE Investors' platform in London on Dec. 1. It is the 15th fund to be launched on the PCE platform, where assets under management now exceed $700 million. Investors will be hoping the fund can enjoy at least some of the success of its namesake: The city of Agra, India, is home to the Taj Mahal and attracts millions of visitors each year.
Agra founders Sanjiv Shah and Vijay Krishna-Kumar will hold joint responsibility for portfolio management. Mr. Shah says the fund looks to launch with around $24 million, and will use a bottom-up approach. "There are a lot of listed companies in India, so we will apply a quantitative screening, based on factors such as marke...
... public offerings, which will help the market and liquidity grow, could see that figure rise. Th... that in May, when the Bombay index, the Sensex, was down some 13% to 14%, the Agra India Fund mod...