siliconindia | | OCTOBER 20224 Vol 10 · Issue 08 - 02 · October, 2022 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Hima P M Mandvi Singh GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Magazine price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Designer & Cover ConceptTushar DasArt ManagerSuanya Chakraborty Manager DesignPrabhu Dutta A.R.N RayCirculation Manager Magendran Perumal Ashwini D Naik Shilpa Selva Felisha Rita Correspondent Samatha SPAssistant Editor Heena KousarAssociate Editor Indranil Chakraborty Markets all Flurry for High Performing OrganizationsEditorialAt the aggregate level, businesses reported exceptional sales and profit growth in the June quarter, rebounding from the weak base of the previous quarter, which was tainted by a rigorous lockdown during the pandemic's first wave. However, increased input costs put pressure on profitability. Following the devastating effects of the COVID-19 pandemic, the Indian stock markets have been riding a surge of optimism since March 2020. After collapsing in March 2020, the benchmark indexes Sensex and Nifty have increased by more than double. Due to the low interest rate environment and sufficient liquidity, experts anticipate that the current market momentum will continue. Real economic growth, a decline in consumer confidence, sluggish demand, and inflation are all factors that only temporarily slow down the stock market's velocity. Simply defined, the momentum mostly depends on the performance of the companies, significant political and economic changes, liquidity, and market confidence.The flurry of IPOs, the low-interest rate environment, and the abundance of liquidity were key contributors to the success of domestic markets. Around 10 startups including EaseMyTrip, Nazara, Zomato, CarTrade, Freshworks, Nykaa, Policybazaar, Paytm, RateGain and the latest addition, MapMyIndia, has gone public this year so far. There are 3 more companies including Data Patterns, Medplus Health and Metro Brands heading the same way before the year comes to a close.Due in large part to the impressive quarterly results produced by leading firms, experts are optimistic that both market benchmarks will set new milestones. A sudden rush in IPOs is also helping markets gallop towards fresh record highs. Let's hope the stellar performance helps more businesses find their way to the top of the curve. Emmanuel Christi DasEditoreditor@siliconindia.com
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