In the last 10 years, funds mobilized by Indian companies from capital markets has increased more than 10-fold, from Rs 12,068 crore in financial year 2014 (FY14) to Rs 1.21 trillion crore in FY25 (till October), a recent report by the SBI Economic Research Department said.
The market capitalisation of CPSEs more than doubled in Fiscal Year 2024-25 as compared to Fiscal Year 2023-24, the report said.
Riding on resilient economic growth, the domestic stock markets are ending 2024 on a positive note, with Nifty registering a 13 per cent gain (year-to-date) -- its ninth consecutive year of positive gains, a Motilal Oswal Wealth Management report said on Saturday.
In the last week, the 5 out of 10 companies added Rs 1,13,117.17 crore to their total market valuation.
The automobile retail sales in November fell below market expectations, posting an 11.2 per cent growth compared to the same period last year. The development comes following a lucrative festive season in October.
At close, the Sensex was down 523 points or 0.73 per cent at 71,072.49, and the Nifty was down 166.50 points or 0.76 per cent at 21,616.
At close, the Sensex was up 1,240.90 points or 1.76 per cent at 71,941.57, and the Nifty was up 385.00 points or 1.80 per cent at 21,737.60.
The recent market rally, propelled by antici- pation that major Western central banks may raise and not cut interest rates, paints a picture of optimism.
The global support to the market from the US market where the S&P 500 is close to all-time high is significant, he said.
The imaging industry has revolutionized the way the world around us is captured and documented.
