Continuing foreign inflows $8.1 billion YTD — has driven up the valuation premium of MSCI India past 55 per cent against MSCI Emerging Markets and and 12 per cent over the MSCI World indices, by mid-June, according to a brokerage report.
The domestic market has been the best performer globally YTD, with the Sensex rallying 56.2 per cent in the past 12 months, and 5.5 per cent in the past one month and 5.1 per cent in the last three months; while the same for Nifty has been 58.8 per cent, 5.1 per cent and 6.6 per cent, respectively, Credit Suisse
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