German DAX Index and India's NSE Nifty 50 are just now at the same numeric value of 6153. In March 2003, DAX was at 2423 point and Nifty was at 934 point. That's what the Decoupling stand for. India's strong consumption story supports it.
but now with FIIs decoupling is gone. Since everyone's diversified across economies, all of them are now tied with fine threads with limited elasticity.
German DAX Index and India's NSE Nifty 50 are just now at the same numeric value of 6153. In March 2003, DAX was at 2423 point and Nifty was at 934 point. That's what the Decoupling stand for. India's strong consumption story supports it.
good one amar...
ReplyDeletecheers..
-Hiren
but now with FIIs decoupling is gone. Since everyone's diversified across economies, all of them are now tied with fine threads with limited elasticity.
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