Stock Market Updates: India’s stock market valuation rose by over 25 percent last year.
New Delhi:
The June quarter of the financial year 2024-25 was very good for the Indian stock market. Indian stock market capitalization increased by 13.8 percent (in dollar terms) during this period, the highest among the world’s top 10 markets. Currently, the Indian stock market capitalization is over $5 trillion and is the fifth largest stock market in the world.
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How was the condition of the stock markets of America and China?
The valuation of the US stock market, the world’s largest stock market, rose 2.75 percent between April and June to nearly $56 trillion. The valuation of the China stock market, the world’s second largest stock market, fell by 5.59 percent between April and June. With this, the capitalization of China’s stock market has decreased to 8.6 trillion dollars.
These markets, included in the top 10, saw declines
Among the top 10 markets, Saudi Arabia’s stock market valuation fell the most by 8.7 percent to $2.67 trillion. After this, the valuation of the French stock market fell 7.63 percent to $3.18 trillion. At the same time, Japan’s stock market valuation fell 6.24 percent to $6.31 trillion.
Indian stock market bullish from 2023, up more than 25%
The Indian stock market is witnessing a boom from 2023. India’s stock market valuation rose by over 25 percent last year. Sensex and Nifty have returned around 7 percent in June. The rise in the Indian stock market is due to the good performance of the economy, due to which domestic and foreign investors are investing in India in large numbers.