Comparison of Indian and American stock markets

BSE Logo

Logo: Bombay Stock Exchange
Logo: Bombay Stock Exchange | Source

Comparing stock markets in India and US


Is it better to invest in foreign stock markets than to inAmerican market? The question was asked in Hubpages and I have tried to answer this question by comparing American stock market (Dow Jones) and Indian stock Market (BSE Sensex).

People are more or less convinced with a positive answer, especially after the economic crisis and financial problem in America. People were used to investing in America and American stock markets until recent past. However, the perception is changed since financial problems have started in America after the economic crisis.

This hub is written here to answer the question " Is it safer to put money into foreign stocks than American stocks, and what are the best short-term and long-term stocks?"

India is a foreign country for the Americans and it seems better to invest in shares and mutual funds in India than to in America, India is performing much better in economic front with continued average GDP growth of seven percent per year. Indian stock market is performing well. BSE and Nifty both stock markets in India are growing by leaps and bounce.

Here is a production of comparative data of Dow Jones Industrial average, the American stock market, and a foreign stock index BSE Sensex (Bombay stock exchange Index, India). It may help you in decision making while investing in shares and mutual funds.

Of course, the decision will be yours whether you will be putting your money into foreign stock exchanges or in American stock market. It is also advised that you should consult some expert before investing because investing in stocks are subject to market risks. It is also stock specific. Profit depends on how intelligently you invest and how the particular market or stock behaves. I can not predict the future specifically but can help you with some data available.

History of both the indexes follows in the next paragraph.

Stock Exchange buildings in Bombay and New York

The Bombay Stock Exchange
The Bombay Stock Exchange | Source
 Wall Street,  north entrance of New York Stock Exchange
Wall Street, north entrance of New York Stock Exchange | Source

The Dow Jones Industrial Average


Dow Jones was at 100 level in 1910. It took 17 years to reach it to 200 in 1927 however; it crossed 300 marks in 1929. It has fallen very sharply to a level below 50 in 1932. It was approximately 15 percent of 1929 level.

What a sharp fall it was!

It again touched 200 level in 1947 and regained 300 level in 1954 that means Dow Jones took 25 long years to regain to its previous 300 levels in 1929.

It took a quarter century for the Dow Jones Industrial Average to crawl from 300 to 300. However, in little more than two years, the average sped through the next barrier, 500. The Dow Jones Industrial Average reached 500 milestones on March 12, 1956. Dow Jones has nothing remarkable until the euphoria of 1972. Cheers rang out on the floor of the New York Stock Exchange when the Dow Jones Industrial Average crossed the 1000 mark on Nov. 14, 1972.

It reached 2000 marks the first time in 1987. On Jan. 8, 1987, that the average first hit 2000. On July 17, 1990, the Dow industrial closed just a quarter points shy of the next thousand-point mark, closing at 2999.75. The next day, the average shot above 3000 in intra-day trading, only to close unchanged at the tantalizing level of 2999.75. After tasting some lows the industrial average rallied and broke the 3000 barriers, closing at 3004.46 on April 17, 1991, a little more than four years after the 2000 barrier fell.

By contrast, it took the average 14 years to get from 1000 to 2000. It touched 4000 level in 1994 and 5000 in 1995. It gained remarkably between 1995 and 1998 to reach 10000 marks. It climbed over 11000 before having a free fall. It lost all its gain in four years in 2001.

Mark Mobius: Emerging Markets

The Bombay Stock Exchange index (Sensex):


The Bombay Stock Exchange (BSE) represents Indian stock market and its index is called Sensex, an abbreviation of the sensitive index. At intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition. It ensures reflection of current market conditions. They calculate on the basis of free-float capitalization method; a variation of the market cap method. It uses company’s float or shares that are readily available for trading, for the purpose of calculations. The free-float method does not include restricted stocks, i.e. those held by company insiders. This method is similar to the method of calculations for Dow Jones.

The base value of the Sensex is 100 on April 1, 1979, and the base year of BSE-SENSEX is 1978-79. The Sensex was at 122 levels at the end of 1979-80 that reached to 200 level in 81-82. It took mere two years to reach the level whereas Dow Jones took 17 long years to gain the same (from 1910 to 1927). Of course, Dow reached 300 points at a faster pace (in two years, 1929) whereas Sensex reached the level in 4 years (1985-86).

BSE did not only reach the 300 mark but crossed 400 in the same year to close near 500 (492.23). It broke 500 levels just after a year. It has never fallen in between (on a year-to-year basis). The continuous rise in BSE index let the market rise to 500 level from its base within a very short period of seven years.

It took Dow Jones Industrial Average 46 years to reach 500 marks from 100 (1910 to 1956) but Sensex achieved it in only seven years. Is not it remarkable? Just seven years instead of forty-six? It means that Indian stock market had growth seven times faster than American stock market.

Sensex was at 1000 in the next four years (1990-91) whereas Dow Jones took 16 years to be doubled from 500 to 1000 (1956-72). Again Sensex was four times faster than Dow Jones.

What Sensex achieved in eleven years Dow took sixty-two years for the similar rise i.e. from 100 to 1000.

Economy: Indian Premier Manmohan Singh

One thousand to twenty one


The Sensex hit 2000 mark in 1992-93, mere two years after the reaching of 1000. What about Dow? It was as slow as previous. The journey of Dow Jones Industrial Average from 1000 to 2000 took sixteen long years (1956-72).Here Indian stock market had grown eight times faster than the stock market of US.

Sensex completed its journey to 3000 marks In 1994-95, within two years of reaching 2000. Dow had accomplished the same journey in four years (1987-91). This time, Dow Jones was relatively faster in comparison to its own previous records but still took time double to its counterpart. BSE Sensex took its longest time to cross 4000 marks from 3000 level. It could able to reach it in 1999-2000, in five long years whereas Dow completed this journey faster than Sensex in only 3 years (1991-1994).

Sensex completed its journey from 100 to 3000 in mere fifteen years compare to its counter part’s eighty-one long and tiring years. Dow Jones took 17 years to reach 200 marks from 100! In addition, after a sharp fall, it took twenty more years to regain its status of 200 that means 37 very long years to a journey from 100 to 200!

Bombay Stock exchange is not even older that much so far and tasted a level of 21000 plus once in January 2008.

Dow Jones have yet to taste that level. It has yet to taste even15000 level.

All these show that Indian stock market is growing in much faster pace than its counterpart American stock exchange.

Three reasons not to trust the Dow Jones

Indian economy is growing


Indian economy has been growing at the rate of more than eight percent since the last couple of years and expected to maintain its growth at six to seven percent this year. We have to remember that America, Japan, Canada and most of the European countries have already entered into recession. The world is tasting the heat of Financial crisis and economic problem of America.

In 2001-02, Sensex tasted a low of 2595. It was 21 September, just after the 9/11. Dow Jones was at 8235 on the same day that was 3.2 times higher than that of Sensex. As of today, while writing this hub, Dow is trading near 8600 and Sensex has closed at 9690 i.e. more than one thousand points above Dow Jones. So whether it is a bull market or a bear, Sensex runs much faster than Dow Jones.

Both the stock markets gained in bull markets and lost in bear markets but Sensex performed far better than Dow did overall. Dow could not be able to double in fifteen years whereas Sensex managed a steep rise of almost forty times in the same period (3975 in 1994-95 from hundred points in the base year 1979-80) before tasting its first bear market.

Stock market of America collapsing

Dow Jones and Sensex in last seven years


Dow Jones has gained only four hundred points or five percent so far in last seven years i.e. from 9/11 2001 but BSE Sensex has gained seven thousand three hundred points or two hundred seventy-five percent. Just compare the recent long-term data if you do not want to go to the history.

Moreover, whenever Sensex fell, it managed to regain its previous status sooner than Dow Jones. For example, what it lost in 1995-96, it regained the same with a bonus of seven hundred points or seventeen percent in 1999-2000, i.e. in four years. It has fallen from 4269 of 2000-01 to 3332 in 2001-02 and jumped to 4492 in 2003-04. It had been a continuous bull market for Bombay Stock Exchange since then to reach up to the all-time high of twenty-one thousand plus in January this year. The Sensex has fallen freely from that time to taste below eight thousand marks in October 2008 this year. Since then it has started recovering to reach the present stage of near ten thousand.

Even that fall between January and October was not due to any internal condition but under the influence of global (especially American) markets. Foreign investors have sold out much of their stocks to en-cash because they needed money to fulfill their obligations in their own countries. Domestic retail investors and financial institutes have not yet sold out. They are the net buyers even in this bear market and waiting for the next bull run.

All these indicates that Indian stock market has been growing much faster than American stock market and it likely to behave in a similar pattern in near future. You can decide your own from the above-mentioned fact.

BSE Sensex calculation methodology

Opportunity for investment poll

Which market gives better opportunity for investment?

See results without voting

Liked this article? See updates


If you have liked this hub please bookmark it with social bookmarking sites such as Facebook, Orkut, Digg, myspace or stumble upon. You may also like to e-mail this article to your friends and family members. I will appreciate your efforts.

Please do not also forget to comment on this hub.

( Disclaimer: The writer does not guarantee profit from any investment in Indian market. The hub is based on the historical background. Data are collected from various sources and the author is not responsible for any mistakes. The reader should check it for authentication. Investments are subject to market risks and one has to take his own decision. (Author is not and will not be responsible for any loss or damage)

I have been posting updates on both stock markets of America and India in a separate hub. Please click to view the updates.

Comparison of Indian and American stock markets: Updates

(This hub is published on December 12, 2008.)

Dow Jones astrological predictions 2013 - 2018

Bombay (Mumbai) and New York, Stock Exchanges

show route and directions
A markerBombay stock exchange -
Mumbai, Maharashtra, India
[get directions]

Mumbai or Bombay is financial capital of India. Bombay Stock exchange (BSE)situated at Dalal Street is one of the biggest stock exchanges in the world

B markerStock Exchange, New York -
New York, NY, USA
[get directions]

Dow Jones Industrial is the official name for American stock index. Stock exchange in America is situated in New York.

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Comments 84 comments

psbhatt profile image

psbhatt 3 years ago from HYDERABAD

well researched article. The basic strength in Indian economy is that the middle class base of almost 400 million is booming causing huge demand for industrial goods. The rural side too is looking up with increase in disposable incomes. At a website http://crestvideos.com top youtube videos on wealth management particularly home loans, stock trading/investing can be seen.


rahul0324 profile image

rahul0324 4 years ago from Gurgaon, India

Great Information shared here!

I found it pretty useful

Thank you Sir!


jainismus profile image

jainismus 4 years ago from Pune, India

Great information, thanks for sharing.


Anmol Sidhu 5 years ago

supeerreb hub about indian and american share markets


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Nihira 5 years ago

Nice article buddy but Indina share market is booming place.


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dablufox profile image

dablufox 6 years ago from Australia

I think when you look to invest on the international markets you do have to at least take into some account of currency valuations. This is because when a foreign company earns a profit it is of course paid in their native currency which is then converted to your homeland currency.

As the American dollar has plunged in value, the value of profits when converted to other currencies have also plunged.

For example the Australian dollar has gained 30% on the US dollar and the Aussie dollar look to gain on the greenback even more.

This change in foreign currency exchange rates from US to other currencies can greatly reduce income from shares in US companies for foreign investors.

Alternatively, profits from companies in countries which currency is gaining against other country's will of course increase income from currency conversion.

India is just such a country!

Take into account its pre-developed status and India in my opinion will be the next China.


lamincome profile image

lamincome 6 years ago

Nice article! India is a booming economy. The way it is going, the economy might grow even bigger than the united states!


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Kuppachi,

thanks for visiting and commenting on this hub.

Jyoti Kothari


KUPPACHI SUBRAHMANIEAM 6 years ago

SIR

YOU DID A WONDERFUL JOB, THE DATA IS VERY MUCH INFORMATIVE.

EXCELLENT USEFUL INFORMATION . BSE IS FAR BETTER THAN DOEJONES.

THANKS AND THUMBSUP.


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Sant,

It is obvious from this hub that Indian stock market has been performing better continually. Thanks for visiting and commenting on this hub.


Sant Kumar Sharma 6 years ago

Jyoti,

Indian stock market is much better than American stock market. No body has lost in Indian stock market in long term. More over it has given highest returns to intelegent investors.

American market is far behind Indian market in providing profit margin.

Thanks and thumbs up!

Sant Kumar


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Lecie,

Thanks a lot for becoming a follower. Thanks for commenting.

Jyoti Kothari


Lecie 6 years ago

i became a follower to see if it might help your score climb. hope it does. enjoy your day.

have fun and be creative

lecie


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Niel,

Thanks for commenting on this hub.

Jyoti Kothari


Neil Ashworth profile image

Neil Ashworth 6 years ago from United Kingdom

Very good hub.


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Sreeiit,

Thanks for comment.

Jyoti Kothari


sreeiit 6 years ago

That's really good info, thanks for sharing.


EwingJuliette33 6 years ago

The credit loans are important for guys, which want to organize their own organization. In fact, that's very comfortable to get a sba loan.


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Garima,

Thanks for visiting the hub and commenting on it. By the way I have got a mail from hubpages that you have published a new hub about factoring.

I will read it soon.

Thanks,

Jyoti Kothari


Garima Bothra profile image

Garima Bothra 6 years ago from Jaipur, India

Hi,

Excellent hub with awesome info. Collection of historical data is amazing.

Indian stock market is much better than American or any other stock market. BSE Sensex has performed far better in last twenty to twenty five years than Dow Jones. itis clear from the hub itself.

Thanks for sharing. Thumbs up!


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Sree IIT,

Thanks for visiting the hub and commenting on the article.

Jyoti Kothari


sreeiit 6 years ago

very very useful post for the audience


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Anil,

Thanks for your comments. I have tried to use historical data to make the hub reliable.

I will be obiliged if it will help you or any others.

Jyoti Kothari


Anil 6 years ago

Hi,

Awesome article with lots of data. You have taken us back to the history of both American and Indian stock exchanges.

You analysis is perfect and supported with hardcore data.

There is no way to deny it.

Thanks for showing path to investors.

Thumbs up!

Anil


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Steve,

Thanks for visiting and commenting on the hub. The world as well as the business are truly globalized and people have to think in a global way.

America is the world leaders in business and economy and India is a future leader.

Thanks again,

Jyoti Kothari


Steve Nichols 6 years ago

Nice comparison of the two types of markets. It is certainly helpful to know what is happening in world markets. I think it makes your investment strategy better.


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi garima,

Thanks for visiting and commenting. Thanks for compliments. You are a new entrant in the hubpages. Do little research and you will be able to know how to do this. It takes lot of time and patience.

Wish you all success in Hubpages.

Thanks,

Jyoti Kothari


Garima Bothra profile image

Garima Bothra 6 years ago from Jaipur, India

Hi,

Excellent hub. Superb info. It gives a complete profile of both Indian and American stock markets. Where did you find all these historical data?

Well researched article.

Thumbs up!

Garima


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Aaditya,

Thanks for your comment. I agree with you that growth in stock market has given rising opportunities to various Bamking and financial institutes. It has also benefited large numbers of domestic retail investors.

Jyoti Kothari


Aaditya 6 years ago

this is knowledgeable


Aaditya 6 years ago

Very interesting and informative. Besides it has also given opportunity for various Financial Services companies to grow.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Stock Assault,

Your comment is quite valuable. It seems that both markets are over valued. However, Indian economy is in better shape than the American.

Thanks for your comments.

Jyoti Kothari


stock assault 7 years ago

I think the stock market is overvalued right now considering the low economic recovery we are in. I'm not sure what investors are all excited considering that unemployment hit 10.2% the highest in 26 years.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Devanshu and Sunny,

Thanks for your comments and compliments. I have tried to compare both American and Indian share markets in historical perspective.

No doubt, India is leading and America is lagging far behind in share market.

Jyoti Kothari


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Shanekruger,

Thanks for your comment and compliment.

Jyoti Kothari


Sunny 7 years ago

jyoti

Wonderful article. I have never seen such. I t has full story and history of share market in India and America. Any way, Inidan share market is market hero.


Devanshu Patel 7 years ago

Hi Jyoti,

This gives a complete profile of comparison between American stock market ans Indian stock market.

It will help all share traders.


shanekruger profile image

shanekruger 7 years ago

WOW! Very informative hub, you really sharing nice and informative hubs.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi,

Most of the surveys about stock market of India predict that it will continue to grow for a long time. Indian stock market has tremendous potential. India is till unexplored.

Thanks for your comment.

Jyoti Kothari


Kapitall profile image

Kapitall 7 years ago from www.kapitall.com

How much longer will the Indian stock market grow or how much potential do you think the Indian stock market has?


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Narendra,

Thanks for your comment and compliment. Indian stock market is performing much better than Stock market of America.

India has huge potential in economic development.

Thanks,

Jyoti Kothari


Narendra 7 years ago

Jyoti,

Excellent. Awesome. Superb!

I dont have words to praise the hub. History of both stock exchanges depicted thoroughly. It shows strength of Indian stock market over American stock market.

Thanks again for a great hub.

Thumbs up!


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Anil,

It seems from the history of both Sensex and Dow Jones that investing in Indian equity market is better than to invest in American stock market.

You need to educate yourself to earn profit from this market. You may refer to my another hub "investing in shares and mutual funds".

Thanks,

Jyoti Kothari


Anil 7 years ago

Hi Jyoti,

This is a fantastic comparison. It shows the complete history and trend of both American and Indian equity markets.

India has been doing better than the US each time and every time.

Now a question?

How can I profit from this market?

Anil


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Polarise,

Thanks for your comments. Have you invested in Indian stock market? How did you find it in comparison to American stock market?

Jyoti Kothari


Polorise profile image

Polorise 7 years ago from Slovakia

nice piece, I invest in Emerging Markets & like what Mobius has to say. Looking at his Templeton Fund has given me some good ideas for long term positions.


DK 7 years ago

Excellent comparison. India will come up as world leader in equity market leaving behind American stock market.

Thanks. Rating up.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi navin,

Thanks for your comment and compliment. I do think that Indian stock market will perform much better than stock market of America.

Thanks,

Jyoti Kothari


Navin 7 years ago

What a comparison!

Excellent hub. Indian stock market is really doing far bettean than American stock market.

American stock market is not doing well.

Thanks and thumbs up.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Mr. bairathi,

Thanks for your comment. I appreciate your compliments.

Jyoti Kothari


Bairathi H 7 years ago

Excellent hub. Superb info about share markets of India and America.

Comparison has done scientifically.

Thanks for an article that represents finance, history, investment et all.

Bairathi H


Sunanda 7 years ago

Superb. What a comparison! It is very much enriched with data of Indian and American stock markets.

No doubt Indian stock market is much better than American stock market for investor. returns are extremely good here.

High rated.

Sunanda.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi laidlaw,

Welcome to Indian stock market BSE. Even the recent updates show that BSE is performing better than Dow Jones despite revival of US economy.

I wish you a better return in Indian market.

Thanks,

Jyoti Kothari


A. Laidlaw 7 years ago

Hi,

I am investing in Dow Jones since many years. However, I am not getting expected returns since last two years. I have switched to Gold stock since last six months with satisfying returns.

I came to know about Indian stock market BSE through your hub page article.

I am astonished to know about returns since its inception. I would be much richer if i had invested in BSE Sensex stocks than in Dow Jones.

I will try Indian stock market that probably will give me surprizing returns.

I am a regular investor and investing huge amount in stock market.

Thanks for a fantastic article about comparison of Indian and American stock markets. It will perhaps change my destinee.

Thanks for a fantastic article. It will go up in search engines with time. I rated it up.

Thanks again.

Laidlaw


desmond 7 years ago

Jyoti,

Awesome collection od data in Comparison of Indian and American stock markets. Dow Jones and BSE sensex. Where did you find all these?

Fantastic, superb.

Continue with writing.....


Anjali Kapadia 7 years ago

Hi Jyoti,

I have come back to this hub again after four months. This is a fantastic hub.

Your predictions about both stock markets are still right. Indian market is really going high and faster than US market. All your articles in economy section is mind boggling. very few can predict and right in this way and so boldly.

Thumbs up.............!!

Anjali


realestatebroker 7 years ago

Jyoti,

India's share market is going up. Property market is not so good. people are investing in shares in place of properties. Indian share market will certainly do better than rest of the world. It will do much better than American share market.


realestatebroker 7 years ago

Jyoti,

India's share market is going up. Property market is not so good. people are investing in shares in place of properties. Indian share market will certainly do better than rest of the world. It will do much better than American share market.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear Nathuramka,

Indian stock market is continually rising since last months. BSE Sensex is always much ahead of Dow Jones.

Thanks for comments.

Jyoti Kothari


Nathuramka, economist 7 years ago

Indian stock market has entered into a bull market again. BSE sensex has again crossed 15000 in comparison to Dow Jones that is in 9 Ks.

Thanks for a well researched hub. You have put the whole history of both the stock exchanges.


Roshan Singh 7 years ago

India is growing growing and growing. It will pass all economy.

Roshan


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear Vishal,

You have started investing in Indian stocks and reaping the fruits. Your money is multiplied by ten times instead of withdrawing money time to time. This is Indian stock market!!

wish you best of luck.

Thanks for comments.

Jyoti Kothari


Vishal Agrawal 7 years ago

Jyoti ji,

I started investing in 2000 in Indian stock market. I withdrew money some times for expenses. However, my money became 10 times since I started investing.

Thanks for information.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Anjali,

Indian stock market is growing at fast pace. Thanks for your comment.

Jyoti Kothari


Anjali kKapadia 7 years ago

This is well researced hub. Superb effort to compare the historical data. Awesome analysis.

Anjali


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear Mr. Bothara,

Thanks for your comments. You are an established author and editor in print media.

 Please suggest me something to improve my hubs.

Jyoti Kothari


Surendra Bothara 7 years ago from Jaipur

Jyoti,

Indian stock markets definitely have done well in comparison to other markets in last two three decades.

This hub has given huge data and shows complete picture. It is good that you are also providing updated data from time to time.

Surendra Bothara


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi johnson.

India has changed a lot after independence. It is not poor nor underdeveloped. India is developing very fast. growth rate of India is the highest in the world but China.

You are in India and welcome to Jaipur, My place. I would love to host you.

Jyoti Kothari


Johnson Blake 7 years ago

awesome info. I never thought of that. I have read 3-4 hubs about India. I am astonished with the facts. I am in India now and it is looking different. I had idea of India as a poor and under developed country but I have to change my idea.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear William,

One has to change mind set. America has enjoyed status of world leader since

world war 2. Now this is the turn for some other economies.

This is the rule of the nature. Who thought in 1930s that British would go in dirth?

Thanks for commenting.

Jyoti Kothari


William F. Torpey profile image

William F. Torpey 7 years ago from South Valley Stream, N.Y.

You've obviously done lots of research, JHYOTI KOTHARI. With the American market in chaos, the Indian market looks even better, although its repercussions are worldwide. Thanks for the interesting information.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear earnest hub and Vrajvala,

I always try to put some off the track info in my hubs because the web is full of info and there is little scope to say something new. One can do that if can think with open mind only and knows change management.

I am unable to suggest about sharebuilder because that is not my area. I do not want to put any info that I do not know well. You may consult your share / finance consultant.

Yes, Indians are very good business persons, no doubt of it.


Vishal Jain 7 years ago

hello.. pranam..

read the article.. bt dnt u think tht India hav tested 21 k levels and nw its time of Dow... i guess so.........


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vrajavala 7 years ago from Port St. Lucie

thanks for the information Jyoti. I do invest from time to time, however, i think that Indians are better business people and I will look into buying stocks there. do you know whether I can use Sharebuilder to buy stocks on SENSEX?

I think that a lot of the people on wall st are, unfortunately, crooks.


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earnestshub 7 years ago from Melbourne Australia

this is a very informative hub in my view. I give it the thumbs up, and wil come back to read more.

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