Quote on BSE-listed firms hitting the $5 trillion mark from Sunil Damania, Chief Investment Officer, MojoPMS

2024-05-22 12:44:36 pm | Source: MojoPMS

Quote on BSE-listed firms hitting the $5 trillion mark from Sunil Damania, Chief Investment Officer, MojoPMS

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #SunilDamania #MojoPMS

Below the Quote on BSE-listed firms hitting the $5 trillion mark from Sunil Damania, Chief Investment Officer, MojoPMS

"The Indian equity market is consistently achieving significant milestones. Reaching a market capitalization nearing $5 trillion places India among an elite group of nations, alongside the United States and China. This accomplishment can be attributed to retail investors, who have steadfastly participated despite market volatility in recent years. Concurrently, the government’s accelerated reforms and the positive response from Indian corporations have contributed to sustained earnings growth, further attracting investor interest. The current rally is driven by a combination of earnings growth and liquidity, which could propel India's market capitalization to $10 trillion within the next five years. However, the progression from $5 trillion to $10 trillion is expected to encounter challenges and may not be smooth."

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on BSE-listed firms hitting the $5 trillion mark from Sunil Damania, Chief Investment Officer, MojoPMS

Top News

Tag News

More News