New Delhi (ANTARA News/Asia Pulse) - Indian stocks are becoming "less interesting" as their valuation vis-a-vis other markets in the Asian region have declined considerably, Swiss banking major Credit Suisse said in a report.

In March 2009, India traded at a 40 per cent discount to the region (Asia), while currently that discount is just two per cent.

The consensus EPS (earnings per share) revisions in India are also lagging in the region, the report said. Credit Suisse is maintaining an "overweight" status on the Indian market.


Source:
Business in Asia Today - Jan 13, 2010
published by Asia Pulse