SMC Global Securities Limited

The 2024 Hurun India Rich List is full of surprises and inspiring stories! From the meteoric rise of self-made billionaires to cities emerging as new wealth hubs, this list captures the dynamic landscape of India’s wealth and power. 🌟 One standout name is Ignatius Navil Noronha of Avenue Supermarts, who has emerged as the richest CEO in India with a net worth of ₹6,900 crore. His success reflects the thriving potential within India’s retail sector and the power of strategic management. 👉 Disclaimer: Investments in securities markets are subject to market risks. Read all related documents carefully before investing #HurunIndiaRichList #WealthCreation #BillionaireList #IndianEconomy #Leadership #Growth #BusinessInsights #Inspiration #smcglobal #smc #HurunIndiaRichList #WealthCreation #BillionaireList #IndianEconomy #Leadership #Growth #BusinessInsights #Inspiration #smcglobal #smc

The Union Budget 2024 has arrived, and with it comes a glimpse into India's financial future. Here's the breakdown of key announcements made! 😊 #SMC #SMCGlobal #Budget2024 #India #InterimBudget #UnionBudget #Budget2024 #IndianEconomy #Nirmalasitharaman #MoneywiseBeWise #SMC #SMCGlobal #Budget2024 #India #InterimBudget #UnionBudget #IndianEconomy #Nirmalasitharaman #MoneywiseBeWise

Bullish India charges ahead, overtaking Hong Kong as the 4th-largest stock market! 😊 #SMC #SMCGlobal #IndianEconomy #StockMarket #Investment #RepublicDay #BullishIndia #NSE #BSE #SMC #SMCGlobal #IndianEconomy #StockMarket #Investment #RepublicDay #BullishIndia #NSE #BSE

India has surpassed Hong Kong, claiming the world's seventh-largest stock market position.📈 The collective market capitalization of listed companies in India has reached $3.989 trillion, narrowly surpassing Hong Kong's $3.984 trillion! 💰🌏 #SMC #SMCGlobal #IndianStockExchange #NSE #BSE #Mutualfunds #Stocks #InvestinIndia #MoneywiseBeWise #StockMarket #IndiaStockMarket #GlobalRanking #MarketSurge #StockMarketLeadership #EconomicGrowth #MarketCapitalization #IndianEconomy #FinancialAchievement #SMC #SMCGlobal #IndianStockExchange #NSE #BSE #Mutualfunds #Stocks #InvestinIndia #MoneywiseBeWise #StockMarket #IndiaStockMarket #GlobalRanking #MarketSurge #StockMarketLeadership #EconomicGrowth #MarketCapitalization #IndianEconomy #FinancialAchievement

India is now the fifth country in the world with an equity market capitalisation of $4 trillion. In the past three months, India's overall market capitalisation has gained 8.82%, the highest growth among the top 10 markets. Currently, India contributes 3.61% of the world's m-cap, which has increased from 3.37% at the beginning of the year. #SMC #SMCGlobal #MarketCapitalization #Top5 #IndianEconomy #2023 #IndianEconomyAndMarket #Investment #SMC #SMCGlobal #MarketCapitalization #Top5 #IndianEconomy #2023 #IndianEconomyAndMarket #Investment

Shining a light on the power of gold! 🌟 SMC participated at the #ASSOCHAM’s 15th International Gold Economic Forum held on 2nd December 2023, where our thought leader Mrs. Shruti Aggarwal shared her insightful knowledge. She spoke about how the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates, along with the launch of the India International Bullion Exchange (IIBX) in Gift City, is impacting the gold industry in India. The reduction in costs due to CEPA has led to a significant increase in Indian jewelry exports to the UAE, and the IIBX is expected to bring transparency and order to the gold market, potentially making India a major player in the global gold industry. Her session shared insightful analysis such as: • CEPA making gold cheaper for Indian manufacturers, resulting in a 1% cost advantage resulting in Indian jewelry exports to the UAE being 5% cheaper compared to other competing nations, such as Malaysia and Turkey. • Cost reduction leading to a substantial 16.5% increase in Indian jewellery exports to the UAE within a year. • India International Bullion Exchange (IIBX) expected to being a game-changer for the Indian gold industry, with the potential to make India a price setter for gold globally with an aim to bring order and transparency to the gold market. In conclusion, with the right vision and initiatives, India is poised to become a leading Jeweler on the global stage. #SMCGlobal #WeLoveSMC #Assocham #Gold #IndianEconomy #InternationalMarket #GoldEconomicForum #GemsAndJewellerySector #RBI #ReserveBankOfIndia #Economy #India #ASSOCHAM #SMCGlobal #WeLoveSMC #Assocham #Gold #IndianEconomy #InternationalMarket #GoldEconomicForum #GemsAndJewellerySector #RBI #ReserveBankOfIndia #Economy #India

It’s a growth vibe all around. India is on the move. #SMC #SMCGlobal #Investment #StockMarket #IndianEconomy #InvestmentOpportuity #Nifty50 #AllTimeHigh #MarketIndex #SMC #SMCGlobal #Investment #StockMarket #IndianEconomy #InvestmentOpportuity #Nifty50 #AllTimeHigh #MarketIndex

Another noteworthy statistic is the number of new SIP registrations in September 2023, which soared to over 36 lakh, the highest-ever figure recorded. This demonstrates the growing interest and participation of investors in the mutual fund industry. #SMC #SMCGlobal #Investment #SIP #SIPsAllTimeHigh #AllTimeHigh #SIPtember #MoneywiseBewise #StockMarket #MutualFunds #NSE #BSE #IndianEconomy #SMC #SMCGlobal #Investment #SIP #SIPsAllTimeHigh #AllTimeHigh #SIPtember #MoneywiseBewise #StockMarket #MutualFunds #NSE #BSE #IndianEconomy

India's market capitalization currently stands at $3.31 trillion. It is now ranked fifth among the top 10 most valued countries. Since the beginning of this year, it has experienced an increase of almost $330 billion mcap. #SMC #SMCGlobal #Investment #StockTrading #IndianEconomy #Market #MoneyWiseBeWise #NSE #BSE #SMC #SMCGlobal #Investment #StockTrading #IndianEconomy #Market #MoneyWiseBeWise #NSE #BSE