The market value of the Indian stock market exceeds $ 5 trillion for the first time. The latest booster comes from Indian Prime Minister ModiKolkata Stocks. The new alliance led by its leadership on the fastest growing major economy policy continuity.Bangalore Investment

Data show that the Indian stock market broke through this threshold last week and joined the ranks of the United States, India, Japan and Hong Kong.It took about six months in India to add the latest $ 1 trillion for the capitalization of the company listed on the exchange.

The Indian People's Party, which is governed, has re -established the joint government with a weak advantage to ensure that Modi has continuously reached a new high since Modi has been in power for the third time.

This victory, coupled with strong economic growth and S & P global rating recently raised India's rating prospects, jointly enhanced India's attractiveness to global investors.

Sunil Koul, a strategic strategist, said that after the establishment of the new government, most important ministers still retain their original positions, "this confirms the continuity of the policy to a large extent."

Kur said in an interview last week that India is still a market with abnormal macroeconomic and stable markets. It is expected that profit growth will continue, thereby promoting the stock market rise.

In recent years, one of the obvious features of the Indian stock market rising is that millions of young Indians have begun to invest in stocks.According to data compiled by Bloomberg, local funds, including banks and insurance companies, have purchased more than $ 26 billion in stocks, while foreign investors have sold about $ 3.5 billion.

Bino Pathiparampil, head of Elara Capital research, said: "Once the dominant foreign institutional investor is no longer the only driving force for the market."Udabur Stock

However, with the results of the election, the overseas investment interest has begun to rise.The Indian benchmark NSE NIFTY 50 Index closed at a record high on Friday and is expected to achieve the ninth consecutive year. This is the first time in history.

In recent years, the stock price of small and medium -sized companies has also risen, showing better than large companies, accounting for about 40%of the total market valuation.