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Surat Wealth Management:Beef!The Indian stock market reached a new high, and the market value exceeded 4 trillion US dollars for the first time, or rose for 8 years!

Time:2024-10-27 Read:17 Comment:0 Author:Admin88

Beef!The Indian stock market reached a new high, and the market value exceeded 4 trillion US dollars for the first time, or rose for 8 years!

Gelonhui December 7 | The fifth largest stock market in the world -the Indian stock market has recently received special attention. On December 6, local time, the market value of the Indian stock market exceeded $ 4 trillion for the first time, and the gap between the market value of the Hong Kong stock market in India has further reduced.According to Bloomberg data, Hong Kong stocks that are not looking at the bottom are facing India's "rush to catch up". The market value gap is only about 500 billion U.S. dollars. Analysis is generally expected that it is sooner or later.Surat Wealth Management

India is indeed the focus of emerging markets. The local Sensex index with a long history has broken the top three trading days this weekUdabur Investment. It has risen nearly 15%in 2023.The annual rise.

Behind the record high, the short -term catalyst in the Indian stock market believes that in the local (state) election, the current Prime Minister Modi (BJP) from the current Prime Minister Modi (BJP) came from a report, increasing Modi's victory in re -election.The market was worried that Ruo Modi stepped down in the 2024 election. In recent years, the results of his efforts to revitalize the economy can continue to add variables to bring unclear factors to the stock market.

The population structure is also good for the Indian stock market for a long time.According to UN data, India's population will reach 1.428 billion by the end of 2023, surpassing India, becoming the world's most populous countries, of which 10 to 19 and 65 are groups, accounting for 18%and 7%, respectively.India can obviously continue to benefit the "demographic dividend" and promote the overall economy.

The "BRICS" camp is committed to improving its international status. As one of them, India has attracted a large number of foreign capital to settle in recent years.It has also accelerated the expansion of the original production facilitiesVaranasi Investment. It is reported that Tesla is also preparing to open an electric vehicle plant in India.

Accelerating foreign investment will help India strive to promote the global economy "third brother".The latest report of Standard Purcera is expected that India, which is currently ranked fifth, will drive over Japan and Germany in 2030 to become the third largest economy in the world.It is highly optimistic that there is no doubt that the "long cow" of Indian shares is expected to continue.It is worth noting that Indian political factors may still cause market conditions, and with more overseas funds watching, it is estimated that the volatility will expand.


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