India Macro Indicators
India Macro Indicators
TREND | edited 19 Jul 2021
Buffett Indicator above 100% is bad for stocks. D-Street says India's can hit 200%
Economic Times
As per the indicator, stocks are deemed expensive when the value climbs above 100 level. For India, the average 10-year m-cap-to-GDP ratio has stood at 79 per cent, as much of the economy is unlisted and nonformalised. But as soon as India's under-represented sectors and new economy sectors join the listed space, this ratio may rise.
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