Where are the Indian stock markets headed and How can you benefit from the global investment opportu

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Where are the Indian stock markets headed?and
How can you benefit from the global investment
opportunity?

• Ajit Dayal
• Deputy Chief Investment Officer,
• Hansberger Global Investors
• Co-founder, Quantum Advisors Pvt. Ltd.

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BSE Index 1 Year
Period from 10/03/03 to 10/03/04. Currency
India Rupee
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BSE Index - Monthly
Period from 31/1/85 to 28/2/04. Currency India
Rupee
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BSE Index - Monthly
Period from 31/1/85 to 28/2/04. Currency US
Dollar
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Comparative Returns
BSE 30, Dow Jones, Nikkei 225
Period from 31/7/91 to 28/2/04. Currency US
Dollar
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India in the world GDP
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India in the world Market Cap
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India in the world PER
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Conclusions

• India may be shining, but 2004 is unlikely to be
  a plus year for the stock markets
• Diversify your risks a new investment
  opportunity has opened up
• Always Look before you leap
• Never Take what you read at face value

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Disclaimer

• Above data has been sourced from Bloomberg.
• Quantum Advisors Pvt. Ltd., (QAPL or Quantum) is
  a SEBI registered Portfolio Manager (SEBI Reg.
  No. INP 000000187). Our past performance is no
  guarantee of future performance and QAPL does not
  wish to convey any notion of guaranteed returns
  in future. Investing in shares is a risky
  proposition and share prices can increase or
  decrease in value. Investors wishing to double
  their money in one year or having short term
  return objectives should not seek the advice of
  QAPL as the investment style followed by QAPL
  typically considers a longer term time horizon.
  This is not an offer to buy or sell securities.