Document Rs 100 lakh crore achieve in 9 months! BSE market cap hits Rs 400 lakh crore for first time

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

BSE m-cap hits document excessive! On Monday, the mixed market capitalisation of all listed shares on BSE crossed the Rs 400 lakh crore milestone for the primary time as each the Sensex and Nifty reached new all-time highs. This surge, pushed by retail buyers diverting funds from conventional avenues, marks a Rs 100 lakh crore progress in BSE’s market cap inside simply 9 months.In line with an ET report, in July 2023, the market cap hit Rs 300 lakh crore when Nifty stood at 19,400. Since then, the Nifty has soared over 16%, not too long ago peaking at 22,623.90. Small and midcap shares have witnessed important positive aspects, with many providing excessive returns. The current enhance of Rs 100 lakh crore consists of contributions from new listings like IPOs and fairness fundraising, however the majority of positive aspects stem from rising share costs.India’s market cap milestones embody Rs 50 lakh crore in 2007, Rs 100 lakh crore in 2014, and Rs 200 lakh crore in February 2021. The present bull run is unprecedented when it comes to wealth creation for India.Additionally Learn | Why are foreigners searching for Indian shares?International funds’ gross purchases at document excessive of Rs 4 lakh crore in MarchOver the previous yr, PSU shares have outperformed, with Nifty PSE and Nifty CPSE doubling, and Nifty PSU Financial institution rising by about 95%. The Nifty Microcap 250, Nifty Smallcap100, and Nifty Midcap100 indices have surged by 93%, 80%, and 66% respectively.Wanting forward, elements like central financial institution price selections, election outcomes, and company earnings will affect inventory costs. Dr. V Ok Vijayakumar from Geojit Monetary Providers says there’s a dynamic macroeconomic panorama. In line with him, firstly of this yr, the market anticipated seven price cuts by the US Fed in 2024. This projection later diminished to a few, and now there is a rising perception that the Fed may solely lower charges twice this yr. He’s of the view that the robustness of the US financial system and job market has caught many consultants and market gamers off guard. Regardless of the downscaling of price lower expectations, the first market stays resilient, constantly reaching new highs. This resilience is anticipated to supply world help for fairness markets similar to India.India’s capital markets have seen a surge in retail participation, with demat accounts rising from 36 million in March 2019 to 151 million in March 2024. Home fairness inflows have totaled $92.7 billion within the final 5 years.Motilal Oswal said that India Inc. raised $92.9 billion by way of main markets prior to now 5 years, emphasizing India’s progress potential. It forecasts India’s GDP to surpass $4 trillion in FY25/26 and $8 trillion by FY34.

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