India s market cap has reached an impressive $4 trillion, reflecting a market cap to GDP ratio of 1.2, indicating stretched valuations. Despite this, short-term market movements are expected to outpace fundamentals. The recent surge to record highs has been propelled by Foreign Institutional Investors (FIIs) turning buyers for five consecutive days while Domestic Institutional Investors (DIIs) continuing their buying. Positive exit poll results further fuelled this upward momentum, creating a distinctly bullish market sentiment.
The company said in a BSE filing that it has received a work order from Tridhaatu Aranya Developers LLP for total contract value of Rs 101 crore (excluding GST) for project – Aranya Phase-II at Chembur .
Capacit'e Infraprojects Ltd receives Work Order worth ₹101 Crore equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
On Wednesday, 1916 stocks advanced, 1786 declined and 139 remained unchanged, with an advance decline ratio of 1.06 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.