BSE poised to mirror impressive gains in equities
While the NSE is commanding a staggering valuation of Rs 1- 1.5 lakh crore , the market cap of its listed peer, the BSE, is Rs 5,574 crore. Is the relative low valuation of BSE justified?
October 11, 2021 / 03:27 PM IST
PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook
With a market capitalisation of $3.4 trillion in September 2021, India is the world’s sixth-biggest stock market. India has overtaken France for the first time in market cap. The combined market value of all listed companies, referred to as market cap, has seen a sharp rise due to the dazzling rally in equities in the past one year.
The euphoria is not just limited to listed entities. Scrips of unlisted companies, too, have surged. Consider the case of the National...