Study on Prominent Stock Market Indices of BRICS Countries

Abstract

BRICS is an acronym that represents five arising husbandry- Brazil, Russia, India, China, and South Africa. These countries were first brought together as a group in 2006 by Goldman Sachs, which predicted that their economies would become dominant in the 21st century. Since then, the BRICS countries have formed a powerful economic bloc and have been working together to promote economic growth and development. The BRICS countries are all located in different regions of the world, but they share several common characteristics that make them attractive to investors and businesses. They are all large countries with significant populations, abundant natural resources, and rapidly growing economies. They also have highly skilled workforces and are becoming increasingly integrated into the global economy.Each of these countries has its own stock market index.