India Strategy - India Market Cap Hits $3 Trillion: Motilal Oswal
A pedestrian wearing a protective mask walks near the Bombay Stock Exchange in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Strategy - India Market Cap Hits $3 Trillion: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

India’s market-cap yesterday touched $3 trillion mark, a momentous milestone in an exhilarating journey.

That it came amid the uncertainty and volatility caused by the once-in-a-century pandemic, makes the milestone even more special.

Global and Indian equity markets have seen an action packed CY20 with widespread lockdowns and restrictions impacting economies and corporate earnings.

Amid these chaos, market posted a sharp recovery in H2 CY20 and further built on it in CY21 so far.

As the second Covid-19 wave recedes in India (active cases down ~one third in three weeks from the recent peak) and pace of vaccination picks up in rest of the CY21, we hope and expect the journey will become little more smoother.

Click on the attachment to read the full report:

Motilal Oswal India Strategy Indian Market Cap hits USD3t.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.