India Equities Cheaper Now Than Pre-Modi Magic, But Short-Term Investors Beware

♠ Posted by at Monday, October 13, 2014 in ,,, at Monday, October 13, 2014

For investors who think the best of big emerging market out there is India, take note: Indian equities are trading at 16 times forward earnings today, which is below the roughly 18 times p/e they were trading at in the run-up to the election of Narendra Modi in May.

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