An analysis of major Asian countries' stock indices show that the 30-share Sensex gave the second maximum cumulative returns, while the highest return was given by Indonesia's benchmark Jakarta Composite Index, the Economic Survey 2011-12 said.
The market valuation of Indian stocks is currently the second highest among emerging markets with the Sensex trading at a price-to-earnings multiple of 23.27 times
Shanghai tops returns charts among emerging markets.
Benchmark shares indices end flat on Tuesday, amid a volatile trading session, as gains in financials and telecom shares were erased by losses in FMCG and IT stocks. The 30-share Sensex ended up 27 points at 17,426 and the Nifty added nine points at 5,288.
Boosted by a strong recovery in 2009, Meanwhile, other leading indices in the region which witnessed a cumulative gain in the six-year period include China's SSE Composite Index (116.9 per cent) Kospi index of South Korea (104.4 per cent), Hong Kong's Hang Seng index (74.2 per cent), Malaysia's Kuala Lumpur Composite Index (58.7 per cent) and TSEC weighted index of Taiwan (32.3 per cent).
Mixed global cues and decline in crude oil prices further dent the sentiments.
Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
Senior players like Manpreet Singh, Harmanpreet Singh and PR Sreejesh will give the tournament a miss.
Custodian banks are selling dollars for their foreign fund clients.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Indian companies typically have higher return on equity.
The Sensex ended in red on domestic concerns.
Another song has that has been pepping up the athletes is called 'Non Political'.
Australian foreign minister Marise Payne and defence minister Peter Dutton will visit India from September 10 to 12 to take part in the dialogue with their Indian counterparts.
A summary of sports events and persons who made news on Tuesday.
A summary of sports events and persons who made news on Saturday
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
