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The return of foreign investors is being seen in the domestic market once again. The most important reason for this is the attractive valuation of the market and the positive signals from the domestic economy. The situation is that when the recovery returned in the market after 5 months, in just one month India surpassed the markets around the world in terms of growth. Along with the correction, the valuation concerns about the domestic markets in comparison to the markets around the world also ended and experts were speculating that whenever the recovery happens, it will be fast. Seeing the possibilities of a fast recovery, foreign investors returned to the market. Its signs are visible in the action of March.
The recovery in the market in the month of March was so fast that India has reached the top of the top 10 markets in terms of growth in market value so far this month. After five months of continuous decline, so far this month the Indian stock market has registered a gain of more than 9 percent in dollar value. This increase is the biggest jump in any one month recorded in the last four years. With this increase, India has reached the top position among the 10 largest stock markets in the world in terms of performance in March.
According to stock exchange data, the total market cap of all the companies listed on the BSE has reached about $ 4.8 trillion so far in March, which was around $ 4.39 trillion at the end of February. This increase is the highest increase since May 2021. After India, Germany has registered a growth of 5.64 percent and the market value reached $ 2.81 trillion. At the same time, Japan registered a growth of 4.9 percent and Hong Kong registered a growth of 4 percent. During the same period, France witnessed a marginal growth of 2.7 percent, China 2.2 percent, UK 2 percent and Canada 0.44 percent.
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