Replies to post #895 on A.I.M. For Exchange Traded Funds (ETFs)

[kaviyarasu]

Re: kavi ~~ just a FYI! on general INDIA market

Thanks EZ. I have been following indian market closely too.
I think we are atleast 20% away from entry. SENSEX closed at 9800. I have been thinking about slowing getting when and if SENSEX touches 8000. I think with current valuation it is trading about forward P/E of 17. It is too much for a risky emerging market. I think, even after such a dramatic drop, INDIA still is the most expensive emerging market.

Kavi.