The National Stock Exchange of India (NSE) has surpassed 100,000 shareholders, making it the largest unlisted company in India by number of investors. Despite awaiting approval for its initial public offering (IPO), the NSE's shareholder base has grown significantly. Concurrently, the Nifty 50 index reclaimed the 25,000 level on May 15, marking its highest point in seven months. This recovery was driven by robust foreign institutional investor (FII) buying, reflecting renewed investor confidence and positive market sentiment. The market's sharp rise between 1 PM and 3:30 PM on May 15 was noted as extraordinary, with analysts highlighting the possibility of India becoming a preferred investment destination amid strong FII inflows. Overall, May has been characterized as a strong month for the Indian stock market, with the Nifty index soaring approximately 3% during this period.
India Tonight | Marvellous May on D-Street! Nifty soars 3% as FIIs make a strong comeback — Rajat Sharma & Geoff Dennis decode what’s driving the rally. #StockMarketIndia #Nifty50 Watch: https://t.co/7CAKPnurnm @SanaSecurities @SumitaKareer https://t.co/ueqoqbrEku
Editor's Take | The way the market did a pole vault between 1 PM to 3.30 PM was nothing short of extraordinary; mammoth FII buying indicating FOMO: @nikunjdalmia Will the FII buying continue? Is India becoming a preferred investment destination? From US markets, Fed Chairman's https://t.co/FxfkcKaxtQ
🇮🇳📈 NIFTY RECLAIMS 25,000 PEAK AFTER 7 MONTHS Reported by Moneycontrol, CNBC TV18 The Nifty index has reclaimed the 25,000 mark for the first time in seven months, reflecting investor confidence and positive market sentiment. This resurgence indicates a potential recovery in the