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After three days of continuous growth, the domestic market was once again dominated by decline on Friday and the index closed with losses. With this, the loss that the Indian markets have suffered in the market cap in dollar value in the last one month is the highest loss suffered by other markets of its level. Along with the fall in stocks, the record fall in the rupee against the dollar has given a double blow to the market cap. With a 2 percent fall in the rupee in a month, the market cap of the companies listed in the domestic markets has come down by 463 billion dollars to 4.7 trillion dollars. This 9 percent fall in the market cap in dollar value has been the highest compared to other markets.

How was the performance of other markets?

During the same period, the market cap of the US stock market fell by 1.8 percent and came down to 63 trillion dollars. The market value of the Chinese stock markets in dollars fell by 6.2 percent during the same period. The market value of these two markets is 60 percent of the market value of listed companies around the world, of which the US has a share of 51 percent. At the same time, the valuation of the markets of England fell by 4.1 percent in a month, Canada by 3.2 percent and the market value of Japan and Hong Kong markets each fell by 2.3 percent. What is the advice of experts? According to Saon Mukherjee, Head and MD of India Equity Research at Nomura, many types of uncertainties are dominating the market in early 2025. Its effect is being seen on the market. Nomura estimates that the Nifty 50 index can remain in the range of 21800 to 25700 by the end of 2025, the brokerage has given Overweight to Financial Oil & Gas, Pharma, Telecom, Power and Real Estate. However, Nomura has also asked to focus on select stocks and stay away from stocks with high valuation. 

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