India vs UK: 700000 crore rupees in four days! Britain overtakes India – investors lost seven lakh crore in four days Britain overtakes India as the world’s sixth-biggest equity market
[ad_1]
In the last four days, the Sensex has fallen by more than 1,500 points. Due to the fall on Wednesday, the market cap of BSE listed companies has come down by Rs 3.9 lakh crore to Rs 261.3 lakh crore. The MSCI India Index has declined 6.1 per cent this year. Adani Group shares have fallen heavily since January 24. Due to this, the market cap of the group has reduced by $ 142 billion. The BSE index has also fallen 10 per cent from its peak of December 1. Experts say that Adani Group is in headlines for negative reasons. Due to this, international investors are worried and they can be selective about India. But this apprehension can be limited to Adani Group only. Foreign investors can stay in other stocks of India.
boom in uk
Lait Khalaf, Head of Investments at AJ Bell, said that the UK stock market in particular is making investors rich. Small and mid-cap companies in particular have given good returns to investors. UK’s FTSE 350 Index has climbed 5.9 per cent this year. The blue chip FTSE 100 crossed the 8,000 mark for the first time last week. The UK stock market has also emerged as a center of attraction for investors due to the fall in the value of the pound.
[ad_2]
Source link
