The stock market has had a good run from March 2014 and the handsome gains so far are just the tip of the iceberg.Street expectations are that the Nifty earnings growth would be in the 13 to 14 per cent range next year. It shouldn't come as a surprise if the actual delivery is in excess of 16 per cent.
India's equity market capitalisation is higher than the likes of Mexico,Brazil. Russia and South Africa.Indian equities remain significantly better placed than most emerging markets today.