The Indian equity market reached a significant milestone by surpassing a $4 trillion market capitalization, joining the ranks of the US, China, Japan, and Hong Kong. This achievement followed the Nifty50 reclaiming the 20,000 mark for the first time since September 2023. The market’s valuation added the last $1 trillion at a brisk pace, with all BSE-listed firms surpassing the Rs 333 lakh crore mark. Favorable global cues, solid Q2 earnings, a drop in crude oil prices, and declining interest rates in the US contributed to the market’s rally, attracting foreign institutional investors. This milestone positions India favorably amid global economic shifts.
Indian Stock Market Achieves $4 Trillion Valuation, Joins Global Elite
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