Global investors, fund managers struggle to keep up as India's market grows

Q: How long will it take to read this news story?

The story "Global investors, fund managers struggle to keep up as India&#039;s market grows" has 817 words across 23 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Global investors, fund managers struggle to keep up as India&#039;s market grows" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 338 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22373866</li><li>URL: https://beamstart.com/news/global-investors-fund-managers-struggle-1725533383</li></ul>

Business Standard Logo Business Standard 8h ago

Global investors, fund managers struggle to keep up as India's market grows - Business Standard

Quick Summary:

India's stock market rally is ramping up its index weighting and creating a dilemma for global fund managers: sit back and watch as their relative exposure shrinks while the market grows, or buy in at increasingly eye-watering prices.

Managers would need to buy Indian companies at a rapid clip to keep up with their increasing presence in indexes, which with an average 12-month price-to-earnings ratio of 24 times for big and middle-sized firms are the most expensive in major markets, according to LSEG data.

ICICI Securities data shows foreign buying over the first half of this year has been much higher in small to mid size firms than in large caps and in August, exchange data showed foreigners turned sellers of $662 million in shares.