With the Federal Reserve releasing a strong rate cut signal and global stock markets rebounding, India and Japan have become the most popular Asian markets for international investors this year, with gains of about 17% and 30%, respectively, one beneficiary of the restructuring of the industry chain and the other benefiting from corporate governance reforms.。Chinese stocks, despite lackluster performance during the year, cheap valuations and expectations of stimulus policies are starting to attract investors' attention。

Eight years in a row, stock market capitalization fourth in the world, what is India doing right?。In fact, the Indian market is quite old-fashioned, and the degree of foreign investment openness is quite high.。Looking back at the Mumbai index over the past decade, the overall trend is indeed quite stable, except for two periods of volatility.。Take the Asian market Vietnam as a comparison, and all the way up the Mumbai index, if you describe the big A is as stable as an old dog, then the Vietnam index is a short-term fast speculation harvest.。So in addition to foreign investment, the Indian market still has its own fundamentals to support。Because their index components are more reasonable, the overall market trend and economic growth are almost proportional.。And the Indian market in 1992 to implement the registration system, to be listed on the Indian enterprises not only need to go through layers of checks, after listing also face a very strict regulatory mechanism.。In addition, the Indian stock market is fueled by their ambitions, the huge population makes India the world's most populous country, and the group structure is relatively young, for many foreign companies, this is a growing market, India has thus become the beneficiary of the industrial transfer.。Apple expands capacity in India, and even Tesla plans to enter the Indian super factory within two years。More importantly, India is also a big country to engage in geography to draw the object, so in recent years they have been in the international arena, the United States of America's strong support has also inspired India to promote Indian manufacturing to the world and the internationalization of the rupee's vigorous ambition.。So the Indian market, like India as a country, is actually taking the long-term route of fishing for big fish.。So let's really not look down upon India。