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The Indian stock market is on the verge of hitting the coveted $5 trillion market capitalisation mark following an unprecedented amount of wealth creation. India joined the $4 trillion club on 29 November 2023 and is now the fourth largest stock market in the world. Going by the track record of last 3 months, India can join the exclusive $5 trillion club as soon as next month. Jefferies expects $10 trillion by 2030. Retail investors have made the most of this mega bull run. ....
Data shows that while trading volumes in Hong Kong have been falling, India has seen a sharp surge in the last 2-3 months. With Buy India, Sell China being the strategy of many EM investors, India s Sensex has jumped about 17% in the last year, while Hong Kong s Hang Seng is down about 27%. ....
India Business News: Stock market today: BSE Sensex and Nifty50, the two key Indian benchmark indices ended at all time-highs on Wednesday. We take a look at some possible ....
UltraTech Cement ended over 4% higher, along with other cement stocks, after Nomura upgraded the sectoral outlook. Among bluechips, Hindalco and Bajaj Auto ended 4% higher while heavyweight HDFC Bank advanced 1%. The combined market capitalisation of all BSE-listed stocks rose by Rs 2.5 lakh crore to Rs 361.4 lakh crore. ....