Samvat 2082 gets off to quiet yet positive start

“However, the outlook for Samvat 2082 appears brighter. India has emerged as a global hub for services exports, while the implementation of the goods and services tax (GST) reforms has been widely welcomed. A favourable monsoon, furtherreinforcesconfidencein the year ahead,” said Chauhan.

- 

The next Samvat should be positive, said BSE MD & CEO Sundararaman Ramamurthy. “Several data points, including robust automobile sales, rising consumption, and improving economic growth — point to sustained momentum. I am confident this growth will continue. The next milestone to aim for will be India’s market capitalisation (mcap) crossing the %500 trillion mark,” said Ramamurthy.

‘The mcap of all BSE-listed companies stood at %471 trillion ($5.34 trillion), just below the%478trillion peak recorded on September 27, 2024.

At current levels, the Sensex is 1.6 per cent below its record closing high, while the Nifty is 1.3 per cent away.