Zipzap Logistics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

On Thursday, 1898 stocks advanced, 1810 declined and 149 remained unchanged, with an advance decline ratio of 1.04 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.

While the first half of the year was going to be muted on the back of adverse macroeconomic indicators, recovery was likely to start from the second half, said CEO of Mahindra Logistics, Rampraveen Swaminathan to BT.

Stocks in news: Hero MotoCorp, Vedant Fashions, Reliance Industries, Tata Motors, Bharat Electronics, Route Mobile, Mahindra Logistics, Ashok Leyland and more

MLL offers services to over 400 corporate customers across various sectors such as automobile, engineering, consumer goods and ecommerce