Indian equities look cheap, says John Paul Smith

Indian equities look cheap relative to their own history and to the rest of the Emerging Markets, says John Paul Smith, Deutsche Bank.

December 08, 2011 / 08:52 IST

John Paul Smith, Deutsche Bank said that, "Indian equities look cheap relative to their own history and to the rest of the Emerging Markets. We will continue to wait for some more tangible signs of progress in the key issues before we consider upgrading it to overweight."

first published: Dec 8, 2011 08:49 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347