BSE a Force on the Rival Bourse
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.