Adani scandal will rock Indian market’s coming of age

Quick Summary:

The Nifty benchmark index trades at nearly four times book value, more than double that of broader emerging market indices.

The broader benchmark has been on a four-year rally, more than tripling peak to trough — a period in which Chinese equities have been on a downward trend.

A record number of new retail investor accounts joining the market helped fuel the rally, attracted by brisk economic growth in India.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: MarketsFinanceInvesting

Markets: United StatesChinaIndia

Topics: Stocks Shares Enterprises Adani Indian Financial Investors Market Year Group Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 09:42:12 (3 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23813635

View Article Analysis

About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions