4 charts that sum up Indian equity markets in FY2015

India Share Market in FY2015 In FY2015, India share market were propped up by a combination of a decisive political majority, lowering inflation from falling crude prices and persistently low interest rates in the developed world Apart from commodity sectors like Oil & Gas and Metals, all other sectors and sub-indices have provided positive returns this past year However, Earnings growth, the key driver of share prices, has remained elusive as shown by the 20% increase in Nifty PE explaining most of the 24% rise in the index. We’ve seen in a previous post, current PE has some impact on returns A broad-based

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