![]() Two other Indian financial plays are on our list of stocks making new highs. Sadly, but also predictably, the outcomes are often poor. The company trades as BSE ( IN:BSE) and boasts an AA Elite Companies rating.Īs well as benefiting from India’s general economic health, stock and derivative trading is becoming hugely popular with young Indians. In fact, one of the companies on our list of top-rated stocks making new highs is the firm that greases the wheels of India’s equity markets, the Bombay Stock Exchange. As such, there are clear attractions for investors in seeking out growth hotspots with stock markets that have decent depth, such as India. These global forecasts are well below the historical average of 3.8% from 2000 to 2019. ![]() The forecasts compare with expectations of 3% global growth this year and 2.9% in 2024. Last month the International Monetary Fund (IMF) revised 2023 gross domestic product (GDP) growth forecasts for the world’s most populous country up from 6.1% to 6.3%. Tables of all top-rated Elite Companies hitting new highs and lows can be found at the end of this article ordered by their popularity with the world’s best investors. ![]() Meanwhile, by number of top AAA-rated Elite Companies, India’s haul of 43, as revealed in our October Top-Rated Companies Report, puts it only behind the huge tally of AAA-rated plays boasted by the US at 357.ĭownload your free October Top-Rated Companies Report Our recent Asia top 10 revealed that Indian companies dominate elite portfolio managers’ favourite stock picks in the region. ![]() The search has shone a particularly bright light on hot Indian plays exposed to the country’s fast-growing economy and heavily backed by the world’s best portfolio managers. Citywire Elite Companies is on the hunt for highly-rated Elite Companies hitting new 52-week highs, and also lows. ![]()
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