I would also rather stay away in the meantime. A short period of time that the economy went up does not seem to be a good sign yet that this increase would be sustainable. I would rather observe first and analyze the trend instead of jumping into it right away. I have done this in the past when I made investments in the Philippines. I saw a boom and so I made the investment. I gained a lot for a period of time, but I also lost a huge amount after a while. I would rather stick with an economy that's stable enough.
India is good but the current political risk keeps me away from them. At least until everything gets stable. For now, investing in some other country rather than India would be more safe and stable.
I believe this time around they are back, I do not know why I am optmistic, but I have that feeling becasue things are changing swhere you expect to prevail is where you tend to fall and yes I would invest.
As of yet, this is not a good investment. This might look like a good opportunity to buy in, but this is simply speculation at this point. Personally I have a small percentage (5%) of my portfolio which I dedicate to cases like this. One small piece of advice if you're planning on investing: If you're making rapid profit, don't hold on too long, just sell.
I have exactly the same outlook towards India. They seem to be the type of market who would do really big when a certain type of business is a hype, but they won't be able to sustain it in the long run. They definitely have a good amount of manpower available because of the size of their population, but that's about it, overall they still need to learn a lot as a economy as well.
India does certainly seem to be very promising lately, I'm glad that the government plans to reform it's current economic legislation. It also has a booming economy so I definitely think it has a lot of potential. The only thing holding me back from investing is the lack of information that is coming out of there I don't really understand what's hot and what's not like I do in the western markets.
I think the Indian economy is due for a resurgence. The new prime minister is making dramatic changes in the country and is not afraid of making mistakes. I think Tata and Adani are solid investments.
Being an investor in india, is maddening. It's not as simple as going on a website, linking your account with paypal or bank account, and start trading. You need to get a demat account, (be above 18 of course) and the brokerage gives you some software and then you start investing, it's quite tedious and a lot of work unnecessary work. And there are charges by the brokerage for holding your shares for you too, if you only wanna invest in the long run or something. Basically it makes you wanna stay away from trading and just not get into it at all. India need sti do something about the ease of trading to get more traders in the market who're willing to invest.
When it comes to India's stock market, just invest in anything to do with food processing, or agriculture. With a billion plus citizens, they have a lot of mouths to feed. Anyone who can do that efficiently will make a ton of rupees.
I think India remains to be competitive, compared to other countries like Indonesia, Philippines, or even China. However, what is sometimes discouraging in terms of tapping into these markets is their unclear policies and procedures. Everything can be very volatile and you would not know what is standard and what is not. I find that very risky in terms of making any form of investment, whether in the stock market or setting up your own business.