Indian Stock market badly beats China in 2023. China Share Market Major Loss. Dollars wiped out of Chinese Market. China Share Market Major Loss 2023 | Indian Stock Market Overtakes Chinese Market 2023!
Indian Stock Market Overtakes Chinese Market!
So friends, let’s start today’s Ifra News. The first news that is coming is related to our Indian Stock Market which has overtaken the Hong Kong Stock Market due to which the Indian Stock Exchange has now become the seventh largest in the world. So, friends, it is still very little. There are only such stock markets left, especially those of ultra-developed nations, their stock markets currently have higher valuations than ours. The total stock market valuation of India has reached $3.
98 trillion whereas the value of the stock market of Hong Kong is 3.98 4 trillion, so because of this you can see that the World Federation of Exchanges has made this declaration and here, by the way, our stock exchange is still in the growing phase, recently if you follow these things then you would know that the growth is coming gradually, due to this, what is ahead of us is only the New York Stock Exchange of 3300 acres.
China Share Market Major Loss
Welcome Back Big Market Voice Joining us today is Gautam Trivedi, Co-Founder and Merger Partner of Nepean Capital. Get to know Gautam Trivedi once. Gautam has more than 25 years of experience in the Indian and Asia financial markets. Gautam is the Delegate to NGS India. Meaning, that he has worked in Goldman Sachs company and was also associated with the corporate finance and immune team of Reliance for a year. He also has corporate experience from DSP Marine CLS in Asia and Jordan Fleming in Hong Kong.
One thing Gautam also does is travel. He has to write a lot of travelogues which he tries to add before making any investment. Good morning. Many many happy returns of the day Ganesh Chaturthi. Tell me about the last trip you did and what did you learn about the market. I am currently away from it for 10 days. Had gone to Hong Kong earlier, so that means in India. There hasn’t been much travel so far because of the rains, but what I saw in Hong Kong was that mostly eight big investors got together. Hong Kong has now become a hub for hatchbacks and quant funds in Asia and for N China. which means
In interest, let me tell you that there is absolutely no interest in China, people’s money is lost there and they are very angry. They were discussing that market and only two markets, one and Japan, which are giving returns of about 30% this year. Given and second India, there was interest in these two markets, but there was mostly no interest in the rest of the markets, China’s society is not born but then it is in the dicot, Gautam ji, then why is the money not coming, then why are we not seeing the money? This ceiling has been coming every day, this ceiling has been coming for about the last week or three I think, but this also you
See, I am talking about this year’s bottom of the market since April when it was its bottom. 19.5 to 20 billion dollars have been invested from my wife, so if you look at that, if you book a little profit in the last three weeks then what a big deal and frankly I believe that the market today Apna jo India market is D most expensive market is the most expensive market in the world I am talking about 20 times calendar 24 which P its valuation has been A 20 20 times it is D se valuation like smp500
In America, when you are an American investor and whatever valuation you are getting in your own country, then in India, forget your note, now here the exchange rate is also there because every year the rupee depreciates by about five to six percent. If it happens then the Cup was a factor if not the most expanded and most expensive market in the world including America ok sir let’s talk about China only. A little more, this is one, China is giving stability to its economy in a good way, due to which we are getting a chance to talk about two things or to tweet.
The opportunity to draw a perspective is that it is giving a swing to a metal that was being dumped in the chemical market three months ago and the demand in Europe was quite strong earlier. The prices were softening considering China and its economy. Looking at Sir, what is your view, are these two spaces attracting you at this time? Metal set which is moving from a lower level in time hi and chemicals. What is your view on these two spaces? Sir, see China let’s note, forget this again today.
Even today, it is the second-largest economy in the world, so it is the number one economy. This year, the consensus estimate is that this year also their GDP will also show a growth of around 5.5 to 6%, so it is not that the growth in China is This is absolutely over, we have to understand one thing, the second impact is that China is the biggest consumer of commodities in steel today. If you take any metal then take China’s metal, which now goes into batteries, that too goes into China. The Slow Dr that came to China and the Slow Dr that is currently running and will continue to run for the next six to eight minutes, its impact will have an impact on the world.
I am about to come and I have my own advantage because of that which is slow in China. Okay, sir, now you are here on this platform to interact with us. Before you come today, two things are happening at PSU Bank. From time to time Hi FP Next and another index which is the team hyper which is Nifty Auto means you understand sir this index of March 2020 has been made last from 4700 to 4700 to 16000 to 16500 today. The reported figures of all the auto companies had one good thing in them, their export markets are doing well again. The exposed numbers were a little better.
What is the auto-pay this time?
If you have made very good money then what to do or what space are you still committed to and once the stock is paid, if you are comfortable in talking then please do tell me. I will not talk about it, but due to the strength in the sector, the festival season is right now. If it starts then I think that this year they will be the market feedback from last air auto. Number one number is second, you see the automatic number by turning it off, don’t see it sold, see the value-wise because in our country.
There is movement towards the premium segment and luxury segment because of per capita income urbanization and you see that it is not just in the top seven metros, it is almost in the top 50, 60, 50 to 60. The city is in India, and there is a demand from there, let me give you an example, this is the lowest level SUV of Mercedes Benz, it is called CLC, when it is CLC, Juul, and Gals are the most expensive, GLS is the SUV of CLC. It is being launched at around 92 lakh on-road price. I am talking about the on-road price and this price means it is so expensive but N CLC Note and Jal i.
They got bookings for 1500 vehicles within the first week of their opening. Now imagine that they got so much demand for 1500 such expensive vehicles within the first week itself, so this tells you about the demand on the ground for Autos. Now I am talking about the value, turn off the note number and sell the voice, clearly see that bill park seat, last year’s numbers madam, A has been in PSU banks so that it has been running for a long time. We don’t typically buy shoes, but I think these shoes are definitely worth it.
Now the problem of NPL has been solved, I am not saying that it has been completely solved, perhaps there can be some more pluses, one more is still going a little slow, so maybe it will come to even a little more, but that is only.