Over the past year, India's benchmark BSE Sensex appreciated 64.6%, much more than the 27.8% and 48.1% increases in the Shanghai SE Composite Index and the Hang Seng Index, respectively.The Indian equity markets are trading at a relatively attractive price-to-earnings ratio of 16.8 compared with 18.3 of the Shanghai Composite Index. This has triggered a wave of overseas investments into the Indian equity markets, driving the benchmark Sensex to around the 18,000 level for the first time since early 2008.
Three India ADRs Worth Owning
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