Indian Stock Market Sees Rise At Opening Bell Following Slight Profit Booking In Previous Session
On Thursday, Indian stock markets will remain closed for Eid Celebrations. - Newsx
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On Thursday, Indian stock markets will remain closed for Eid Celebrations. - Newsx
The 30-share BSE Sensex climbed 273.65 points to 74,957.35 in early trade. The NSE Nifty advanced 83.85 points to 22,726.60.
The market capitalisation of all BSE-listed stocks on that day 10 years ago was just Rs 81 lakh crore and has now jumped multi-fold to an all-time peak of Rs 400 lakh crore, making India the fifth largest stock market in the world.
While some investors say valuations are unjustifiable going by the historic averages, others say it may well be deserved, given the strong fundamentals of the Indian economy
The 30-share BSE benchmark Sensex climbed 354.45 points or 0.47 per cent to settle at 75,038.15. During the day, it advanced 421.44 points or 0.56 per cent to 75,105.14.