Stock Market: Difference in stock market valuations of India and China reduced, Shanghai Composite increased due to government incentives.

Amidst the decline on Dalal Street and the rise in Shanghai, India's lead in stock market valuation compared to China's market is now decreasing. Compared to China, the valuation of the domestic market is now only 54.2 percent higher which was 82.3 percent at the end of August and September 2021 (…).