Straight Talk

Bubbles, bubbles everywhere, but not a pin to prick

A surge in investor inflows has led Indian stocks to trade at hefty valuations

India’s overheated market: Insights and comparisons

America's share of the world's stock market capitalisation has climbed consistently over the past decade and a half and sharply this year. It now stands at 61 per cent. That is astonishing dominance for a country that accounts for just over a quarter of global GDP. This has led to warnings that the US market is overheated and may correct. But what of the Indian market?

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