

Variety of the week
Rs 400 trillion, market capitlisation on Monday.
On Monday, the Indian inventory marketplace for the primary time crossed a mixed market capitalisation of Rs 400 trillion for all BSE-listed corporations. The milestone was achieved in 9 months, the shortest interval for a Rs 100 trillion achieve in market cap.
Sectors that contributed to the rally within the final 9 months embrace realty, PSU banks, auto, power, infra, and pharma.
The Sensex additionally crossed the 75,000 mark this week. Driving this surge is an inventory of things, together with buoyant financial indicators and burgeoning home funding, in opposition to a backdrop of political stability.
Sectors like banking, healthcare and power are properly positioned for progress. Some sectors could face challenges within the close to time period: Data know-how as a consequence of a slowdown in discretionary spending in the US; and FMCG, as a consequence of consumption stress on the decrease finish within the home market.
First Revealed: Apr 12 2024 | 8:35 AM IST
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