Infographic: Don't let Sensex fool you
The rally in Sensex is mostly backed by large cap stocks, while mid and small cap stocks have floundered
- Nov 27, 2019,
- Updated Nov 28, 2019, 09:56 PM IST
BSE Sensex has crossed the 41,000-mark but it's actually a narrow rally led by large cap stocks. Combined market capitalisation of mid cap and small cap stocks has fallen 63 per cent since March 2018. Meanwhile, GDP growth has sunken to a 6-year low in the June quarter. So why are markets on the rise even though the economy is in doldrums. This BusinessToday.In Infographic finds out:
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ALSO READ: Sensex crosses 41,000 for first time, Nifty hits record high: 10 updates on share market today
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BSE Sensex has crossed the 41,000-mark but it's actually a narrow rally led by large cap stocks. Combined market capitalisation of mid cap and small cap stocks has fallen 63 per cent since March 2018. Meanwhile, GDP growth has sunken to a 6-year low in the June quarter. So why are markets on the rise even though the economy is in doldrums. This BusinessToday.In Infographic finds out:
ALSO READ: High, But Not Enough
ALSO READ: Sensex crosses 41,000 for first time, Nifty hits record high: 10 updates on share market today
ALSO READ: Sensex hits fresh lifetime high; 5 factors behind the rally
ALSO READ: The Great Stock Market Mystery