Sensex ahead of developed markets !

 

The Indian stock market has now outperformed its competitive markets in North America and Western Europe in terms of performance. The Bombay Stock Exchange (BSE) Sensitive Index Sensex has risen by 9 percent in the last one month, while the Dow Jones has gained only 3 percent in the same period. Meanwhile, the United Kingdom's standard index FTSE 100 has seen a 2.1 percent gain, France's CSC 40 index 7.3 percent and Germany's DAX index 6 percent.

In contrast, the Sensex has been weaker than the stock indices of developed markets over the past year. For example, the Sensex has lost 11.3 percent since June last year, while the Dow Jones Industrial Average of the New York Stock Exchange has gained 0.6 percent. Similarly, Germany's DX has gained 1.6 percent. The Indian market has also been weak in terms of performance from the US markets over a period of three years.During the past three years, the Sensex has gained 12.3 percent, while the Dow Jones has managed to gain 20.3 percent.

However, experts are not giving much attention to the relative boom in Indian markets in the last one month. UR Bhatt, director, Dalton Capital Advisors, said, “The Indian market has picked up in the last few weeks, but there is a technical reason behind it. The earnings of companies will remain weak in view of the rising case of Kovid-19 in the country. So the current boom cannot be overstated. ' According to some experts, the impact of monetary spread in developed markets is showing rapid growth in rapidly emerging markets like India.