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Economy: The Indian boom through stock market fluctuations

Economy: The Indian boom through stock market fluctuations

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India, the world’s 6th largest economy in 2021, has been experiencing a historic rise in the Bombay Stock Exchange for several days, which could be propelled to 5th place worldwide. Temporary or permanent trend?

 

India continues to grow and is increasingly weighing on the global economy. The Bombay Stock Exchange on Friday saw a record rise in its opening session, with the Sensex, India’s main stock index, rising above 60,000 points for the first time in its history as investors expressed optimism about the prospects of a post-Covid economic recovery. Meanwhile, the Nifty50 index of technology stocks also hit a record high of 17,947 points in early trade.

 

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