Kanpur Investment：The total market value is US $ 4.33 trillion, and the Indian stock market is promoted to the fourth largest stock market in the world
OEXN reports: This Monday, the total market value of the Indian stock market reached US $ 4.33 trillion, becoming the fourth largest stock market in the world.
In addition, according to the IMF (International Monetary Fund) data, India has become the fastest growing large economy in the world, with a economic growth rate of 6.3%in 2023.
Goldman Sachs analyst said in an interview with OEXN: "Due to the increase in Indian retail investors, the Indian stock market has flourished in recent yearsKanpur Investment. On December 5 last year, the market value of Indian stocks exceeded 4 trillion US dollars.Policies have made it a new favorite of global investors.In his opinion, India has the best long -term investment opportunities.
OEXN analysts said: "Although the Indian stock market surpassed Hong Kong to become the fourth largest stock market in the world, some analysts believe that the Indian stock market is already at a high levelKanpur Wealth Management. As Indian stocks gradually recovered, this also means that the Hong Kong stock market is expected to recapture the world’s number oneThe status of the four major stock markets.
In this regard, UBS analysts explained that according to a report in November, the valuation of the Indian stock market has been quite low. In their opinion, the Indian stock market has huge increased potential once the market emotional changes, and the Indian stock market comes relativeIt seems that "insufficient power", so the performance of India’s A -shares and Hong Kong stocks in 2024 is expected to be better than the Indian stock market, and he also suggested that it has made a profit on the Indian stock market.
OEXN analysts said: "The Indian economy has been able to maintain a high -speed growth in the past 10 years. On the one hand, it is due to the dividend of the population.Along the way, it has set a record of eight years in a row, so is India steadily sitting in the world’s fourth throne this yearAgra Stock? Let’s wait and see. "
Lucknow Investment
