Quote on the BSE market cap hitting the $4 trillion mark from Satish Menon, Executive Director of Geojit Financial Services
![](https://portfolio.investmentguruindia.com//uploads/news/Satish Menon Executive Director of Geojit Financial Services.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the quote on the BSE market cap hitting the $4 trillion mark from Satish Menon, Executive Director of Geojit Financial Services
"The BSE market cap's ascent to the $4 trillion mark signals the start of a fresh momentum in the stock market. Indian stock market is rallying due to solid Q2 earnings and a drop in crude oil prices. Domestic liquidity has provided support to the market, but the lack of foreign fund inflows due to high US bond yields has been a hindrance. Fortunately, interest rates in the US have peaked, and the dollar index is declining, which is expected to attract foreign institutional investors (FIIs) into the Indian equity market. The consistent decline in the Consumer Price Index over the past four months has also sent out a positive signal to the market. Despite the strong fundamentals, there may be some volatility in the market leading up to the state election results which are due on December 3. Having said that, we can definitely say that India's growth story remains intact, and the market will be on an upward trajectory going ahead."
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/agri23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/B.S. Yediyurappa07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/job23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dhruv Chopra.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Sachidanand Upadhyay, Managing Director, Lord’s Mark Industries Limited.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/unionNirmala23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Agriculture.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/yadav23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Bhajanlal Sharma.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _11.jpg)
Daily Market Commentary : Markets swung between gains and losses amid the Budget 2024-25 pr...
![Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![Post-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking](https://portfolio.investmentguruindia.com/uploads/news/Broker _22.jpg)
![Daily Market Analysis : Union Budget day turned into a roller coaster for investors, with the Nifty Index fluctuating dramatically before ending the session flat Says Mr Ajit Mishra, Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Joseph Thomas.jpg)
Perspective on the Market by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
![Daily Market Analysis : Markets made a subdued start to the week and ended almost unchanged, taking a breather after the recent surge Say`s Ajit Mishra, Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![Mid-market comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker](https://portfolio.investmentguruindia.com/uploads/news/shrey jain.jpg)
![Morning market quote : Market experts have been repeatedly warning of froth in the mid-and small-cap segments says Dr. V K Vijayakumar, Geojit Financial Services.](https://portfolio.investmentguruindia.com/uploads/news/bc2743f44cca235787dc9ff33c9eb9c5.jpg)