India is on the rise, taking the fourth position in the world and surpassing Hong Kong in terms of size of its stock market. As per yesterday’s reports, the Indian stock market had reached USD 4.33 trillion, just shy of USD 4.29 trillion of Hong Kong. This change demonstrates India’s hike in financial power and stature in the world economy.
Stock markets create efficient price discovery and dealing which in turn brings the components of a free-market economy as they facilitate more equitable access to capital exchange and trading for investors. A stock is a claim to a portion of a company’s ownership, including its assets and earnings. As a result, investors own a portion of the business. The value of the stock changes in tandem with the business’s worth.
The Madras Rubber Factory Ltd is the most expensive share in India with remarkable a price of Rs. 1,45,363.35 per share in January 2024. The top five shares to buy toad for long term are Reliance Industrial Limited, HDFC Band Limited, Infosys Limited and the last one in the list is Titan Company Limited.