Actor Kangana Ranaut took to the social media platform X to express her views on a historic milestone reached by the Bombay Stock Exchange (BSE), where the market capitalisation of all listed firms surpassed Rs 400 lakh crore. Ranaut described this achievement as a "remarkable quadruple expansion," emphasizing the significant growth witnessed within a decade.
In her statement, Ranaut underscored the unprecedented growth of the collective market capitalisation, which soared from Rs 100 lakh crore in March 2014, during the Congress government, to Rs 400 lakh crore in April 2024, under the leadership of Prime Minister Narendra Modi. She attributed this substantial increase to the unwavering faith exhibited by both domestic and international investors in the Indian economy.
Highlighting the recent surge in market capitalisation, Ranaut pointed out that the milestone of Rs 300 lakh crore for BSE-listed companies was achieved on July 5, 2023, indicating a remarkable growth of Rs 100 lakh crore in just nine months. She credited this surge to new listings through initial public offerings (IPOs) and a rapid escalation in share prices.
Ranaut's statement reflects the broader sentiment of optimism and confidence in India's economic trajectory under the current government, as evidenced by the remarkable expansion of the stock market. The milestone of Rs 400 lakh crore underscores the resilience and growth potential of the Indian economy, attracting investors from across the globe.
