8 months, 2 weeks ago
Understanding bull run in BSE
Hindustan TimesThe combined market cap of stocks listed on the Bombay Stock Exchange touched ₹400 lakh crore for the first time on Monday. BSE crossing the ₹400 lakh crore market-cap milestone is yet another addition to the rise and rise of Indian equity markets. There is good reason to believe that the ongoing equity market bull run is also symptomatic of the ongoing churn within the economy. Is the ongoing bull run in equity markets an unambiguous good for the Indian economy? However, in an economy, where economic fortunes are sharply divided along class lines, even the sections which are not experiencing an improvement in economic sentiment may also make spending, investment and borrowing decisions based on misplaced exuberance.
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