Indian shares lag Asian peers in dollar terms - News Summed Up

Indian shares lag Asian peers in dollar terms


Sensex among the top performing markets in region in local currency terms. Graphic: MintMumbai: India is among the top performing markets in Asia in local currency terms, but in dollar terms, its performance has been rather unimpressive. Around $1.5 billion of Indian shares were dumped by FIIs in May. India’s benchmark Sensex has returned 4.6% so far this year, the best among the major markets in Asia in local currency terms. Indian stocks’ relatively better performance in rupee terms has ensured strong interest from domestic investors, particularly mutual funds.


Source: Mint June 17, 2018 18:33 UTC


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