Zoom News : Jul 04, 2023, 07:58 AM
Lok Sabha Election: Bombay, yes, today we will not call Mumbai, because Bombay is not only used for the High Court, the stock exchange of the stock market is also famous by the name of Bombay. The market runs in the veins of the people here. Crores of people of the country invest their hard earned money here. That's why Bombay and Bazar cannot be seen through a different prism. The one in whose hand his pulse can be caught, just then his friends become different. For this reason, the eyes of the rulers of the country remain on this market of Bombay.The important reason for this is also that at present it has become an important indicator of the country's economy. Along with this, along with the movement of political power, its beats also go up and down. India's stock market is also important for power because it has become a hot spot for foreign investors. In the year 2023, foreign investors have invested more than 75 thousand crore rupees in the country's market. If we talk about June, then this figure is about 48 thousand crore rupees. To help these foreign investors and to keep the market pulse in hand, it is very important to keep Bombay in hand.
FII positive about IndiaIf we talk about foreign investors, then the investors of America and Europe have invested a lot of money in the stock market of India. Most of the Foreign Institutional Investors of America and Europe have become very positive about India. Apart from this, they are also quite confident about Modi's victory in the parliamentary elections. In such a situation, if the Indian stock market and politics are churned together, several lakh crore rupees will be seen in front and the country's economy will be seen strengthening. After which the whole world will see India leaving behind China and all other big economies.Modi will come to power againYou should understand this in such a way that the world's renowned brokerage firm Jefferies, which invests in the world's markets, and market experts like Chris Wood have also approved Narendra Modi's return to power. He believes that the current BJP government led by Modi will be re-elected in the 2024 Lok Sabha elections. However, they estimate that Modi may win with a lesser majority. The question is, what is the meaning of these words? After all, the market and foreign investors want Modi to return to power again? To answer these questions let's turn to another American bank.Trading at 62% premiumYes, UBS has also come out with its own report, it said in its report that despite giving less than 4.6 per cent returns in emerging markets this year, India is still around 62 on a 12-month forward price-to-earnings (PE) basis. is trading at a premium of 10 per cent. This means that the level at which the market should be, it is trading at 62 percent more than that. UBS also said that the outlook of more than 50 FIIs ie Foreign Institutional Investor is positive about India. For this reason, after March 2023, the equity flow has increased to $ 9.5 billion i.e. about 78 thousand crore rupees.Strong perception of investors about IndiaUBS Indian strategist Sunil Tirumalai says that this optimism of foreign investors rests on four perceptions. First, the economic outlook of the country is getting better. Secondly, the political outlook of the country is also strong, the reason for this is that the country has such a power which has full majority. Thirdly, the geopolitical outlook is also very good and the fourth perception is that the domestic flow or DRI of the country is also very strong.Another special purpose of America and EuropeAmerica and Europe have also kept in mind the aim of reducing the growing power of China. Because of which America and Europe are now trying to hurt China economically. American companies are migrating from China and making India their second home. At the behest of America, Taiwan has also asked to set up semiconductor plants in India. At the same time, FIIs of America and Europe are also ready to invest in the overvalued Indian market instead of turning to China. Because of which the country market i.e. Sensex has reached life time high i.e. 65,300 points.
FII positive about IndiaIf we talk about foreign investors, then the investors of America and Europe have invested a lot of money in the stock market of India. Most of the Foreign Institutional Investors of America and Europe have become very positive about India. Apart from this, they are also quite confident about Modi's victory in the parliamentary elections. In such a situation, if the Indian stock market and politics are churned together, several lakh crore rupees will be seen in front and the country's economy will be seen strengthening. After which the whole world will see India leaving behind China and all other big economies.Modi will come to power againYou should understand this in such a way that the world's renowned brokerage firm Jefferies, which invests in the world's markets, and market experts like Chris Wood have also approved Narendra Modi's return to power. He believes that the current BJP government led by Modi will be re-elected in the 2024 Lok Sabha elections. However, they estimate that Modi may win with a lesser majority. The question is, what is the meaning of these words? After all, the market and foreign investors want Modi to return to power again? To answer these questions let's turn to another American bank.Trading at 62% premiumYes, UBS has also come out with its own report, it said in its report that despite giving less than 4.6 per cent returns in emerging markets this year, India is still around 62 on a 12-month forward price-to-earnings (PE) basis. is trading at a premium of 10 per cent. This means that the level at which the market should be, it is trading at 62 percent more than that. UBS also said that the outlook of more than 50 FIIs ie Foreign Institutional Investor is positive about India. For this reason, after March 2023, the equity flow has increased to $ 9.5 billion i.e. about 78 thousand crore rupees.Strong perception of investors about IndiaUBS Indian strategist Sunil Tirumalai says that this optimism of foreign investors rests on four perceptions. First, the economic outlook of the country is getting better. Secondly, the political outlook of the country is also strong, the reason for this is that the country has such a power which has full majority. Thirdly, the geopolitical outlook is also very good and the fourth perception is that the domestic flow or DRI of the country is also very strong.Another special purpose of America and EuropeAmerica and Europe have also kept in mind the aim of reducing the growing power of China. Because of which America and Europe are now trying to hurt China economically. American companies are migrating from China and making India their second home. At the behest of America, Taiwan has also asked to set up semiconductor plants in India. At the same time, FIIs of America and Europe are also ready to invest in the overvalued Indian market instead of turning to China. Because of which the country market i.e. Sensex has reached life time high i.e. 65,300 points.