| 25.05.2007 Opalesque exclusive: Morgan Stanley report says no raging bull market in India |
| From Benedicte Gravrand, Geneva:
A recent report from Morgan Stanley highlights inconsistencies in the theory that India is in a raging bull market. A cumulative rise of around 370% in the BSE Sensex over the past 4 years would lead to the conclusion that India is in a raging bull market. However other indicators show the market’s performance has not been strong over the past year.
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