Structural bull-run intact in Indian stock market
MUMBAI: The default crisis of Chinese real estate giant Evergrande could lead to a major upheaval in global financial markets, said Christopher Wood, global head of equities strategy at Jefferies, adding that structural bullion in India has remained intact. The benchmark Sensex of the Indian stock market jumped above 30,000 for the first time on Friday. Which reflects the ever-increasing confidence of foreign investors. Woods has increased its market share (PPT) to 1% in its Asia-X Japan portfolio, having bought a stake in the company earlier this month. The Sensex has gained 3% so far this calendar year. Meanwhile, the midcap and smallcap indexes have risen sharply, gaining 6 per cent and 8 per cent, respectively. Of course, in addition to the risk of a further wave of potential Corona epidemics against the Indian market boom, higher inflation rates and changes in the Reserve Bank's policy will be phased out. The Evergrande crisis could have an impact on the global market. Inve