{"id":5140,"date":"2021-10-13T11:53:17","date_gmt":"2021-10-13T06:23:17","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=5140"},"modified":"2021-10-13T11:53:17","modified_gmt":"2021-10-13T06:23:17","slug":"air-india-sale-a-boost-to-the-indian-stock-market","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/air-india-sale-a-boost-to-the-indian-stock-market\/","title":{"rendered":"Air India\u2019s Sale: A Boost to the Indian Stock Market"},"content":{"rendered":"\n<p>India\u2019s decision to privatize flag carrier Air India Ltd. promises to bolster the appeal of the country\u2019s booming <a href=\"https:\/\/www.tickertape.in\/blog\/equity-investment\/?utm_source=blog&amp;utm_medium=article\">equity<\/a> market at a time when China is tightening its grip on private companies.&nbsp;<\/p>\n\n\n\n<p>The high-profile transaction shines a focus on Prime Minister Modi\u2019s ambitious reform agenda, demonstrating that his ambitions to sell the country\u2019s assets to the private sector are gaining traction. A number of state-run companies in which government plans to sell a stake may also find this interesting, which may result in another potential trigger to the market that has risen to successive all-time highs.<\/p>\n\n\n\n<p>The ongoing regulatory clampdown in China has frightened global funds, and India\u2019s <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">equity<\/a> markets, including <a href=\"https:\/\/www.tickertape.in\/blog\/all-you-need-to-know-about-ipos\/?utm_source=blog&amp;utm_medium=article\">IPO<\/a>s, have benefitted from it. According to a Bloomberg <a href=\"https:\/\/www.tickertape.in\/blog\/stock-market-index\/\">index<\/a>, India\u2019s market cap has increased 37% this year to $ 3.46 tn, all thanks to record-low interest rates, a retail investing boom, and a slew of tech debuts.&nbsp;<\/p>\n\n\n\n<p>Modi\u2019s government is planning an <a href=\"https:\/\/www.tickertape.in\/blog\/ipo-investment\/\">IPO<\/a> for Life Insurance Corporation of India (<a href=\"https:\/\/www.tickertape.in\/blog\/lic-ipo-date-price-review-news-application-and-details\/\">LIC<\/a>), which will be the country\u2019s biggest listing. The government also plans to sell holdings in several companies like <a href=\"https:\/\/www.tickertape.in\/stocks\/bharat-petroleum-corporation-BPCL?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Bharat Petroleum Corp.<\/a>, <a href=\"https:\/\/www.tickertape.in\/stocks\/steel-authority-of-india-SAIL?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Steel Authority of India<\/a>, and <a href=\"https:\/\/www.tickertape.in\/stocks\/idbi-bank-IDBI?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">IDBI Bank Ltd.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the middle of the painful overhaul of tightening grip on tech to educational sectors in China, Air India\u2019s sale has become the landmark that shows India is the place to be for emerging markets.<\/p>\n","protected":false},"author":45,"featured_media":4912,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[254,208,44],"acf":[],"modified_by":"Manonmayi","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/10\/13.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/5140"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=5140"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/5140\/revisions"}],"predecessor-version":[{"id":5143,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/5140\/revisions\/5143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/4912"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=5140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=5140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=5140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}