Stock Market India in last 10 years
Last three trading days for the Indian stock markets were carnage. Bears pulled down the market and almost every major market across the world was in Red. This is due to some or the other crisis (this time it’s a debt crisis) which I won’t delve into. Yesterday i.e. August 9, 2011 some of the markets showed some green signs.
I was little curious about the returns the markets are giving the investors. I started digging out the data for the past 10 years and found the following.
Indian Stock Markets have given around 400% of returns while US have given a 7% returns.
When I read this post by the Simple Dollar on the unrealistic returns I found that he was correct while sticking to 7% average annual returns (long term). However, being an Indian I am bullish on the Indian Markets looking at the past performance.
