India election drives record equity derivatives volumes
This year has seen record index derivative sales in the Indian market with heightened activity expected later this year on a post-election equity market rally
Analysts have long drawn negative comparisons between India, with its sluggish economic performance, and China. With a GDP averaging 3.5% per year in the decades up to the 1980s – the so-called "Hindu rate of growth" – and little in the way of acceleration since then, India has watched while near neighbour China has powered ahead, averaging 10% GDP growth per year since 1990.
But in anticipation of India's general election, which saw a landslide victory on May 16 for the National Democratic
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