BSE a Force on the Ri­val Bourse

The Economic Times - - Breaking Ideas Weak Fdi Flows -

It was a cracker of a list­ing for the BSE on the Na­tional Stock Ex­change as the scrip’s stock price hit .₹ 1,200, al­most 50% pre­mium to the IPO price. The BSE build­ing’s value of .₹ 2,500 crore and a mam­moth bank bal­ance make it a great port­fo­lio in­vest­ment. The stock mar­ket had a dream run after the Brexit and Trump win shocks. With lower in­ter­est rates and a lot of funds in banks after de­mon­eti­sa­tion, liq­uid­ity should drive the mar­kets fur­ther. Global mar­kets are im­prov­ing and In­dia’s vast po­ten­tial would at­tract a lot of in­vest­ment. With de­mon­eti­sa­tion and the Bud­get be­hind us, bulls may just be get­ting ready.

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