Indain stocks:Sensex Beats NASDAQ

It has been observed that the returns are at the rate 19% and better than the gobal markets till October 24, 2005.The article shows the tabular data per year of market volatility and % returns for major indices across the globe.Finance theory suggests that the higher volatility typically associated with emerging stock market returns translate into higher expected returns in those markets.FII seen as the major factor for this gain.