Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Thu, 10 Mar 2022 12:11 PM IST
Summary
Stock Market Investors Wealth Jumps By 5.4 Lakh Crore: On Thursday, in the process of election results in five states of the country, the stock market is also getting brighter. Within two hours of the market opening, investors have made a tremendous profit of Rs 5.4 lakh crore. Meanwhile, the BSE Sensex is trading with a gain of 1300 points.
Share Market
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On one hand, the process of the results of the elections held in five states of the country is going on on Thursday. The effect of these results is clearly visible on the Indian stock market as well. The BSE Sensex is trading with a gain of more than 1300 points, while the Nifty index of NSE has reached above 16,700. Due to this, investors have made a profit of Rs 5 lakh crore in just two hours of trading.
The boom continues for three consecutive days
Looking at the trend of the stock market today, there was a jump of more than Rs 5.4 lakh crore in the wealth of investors in the early hours of Thursday. There was a strong rally in the domestic markets on Wednesday as well and an increase in the market cap was registered. On the other hand, the market capitalization of BSE-listed companies rose by Rs 7,21,949.74 crore to Rs 2,48,32,780.78 crore on Thursday. Due to this boom, there has been a sharp increase in the wealth of the investors. Significantly, from February 8 to March 7, the markets had to face a sharp decline in four consecutive sessions, but for the last three days, they came back and investors are earning a lot.
Expansion
On one hand, the process of the results of the elections held in five states of the country is going on on Thursday. The effect of these results is clearly visible on the Indian stock market as well. The BSE Sensex is trading with a gain of more than 1300 points, while the Nifty index of NSE has reached above 16,700. Due to this, investors have made a profit of Rs 5 lakh crore in just two hours of trading.
The boom continues for three consecutive days
Looking at the trend of the stock market today, there was a jump of more than Rs 5.4 lakh crore in the wealth of investors in the early hours of Thursday. There was a strong rally in the domestic markets on Wednesday as well and an increase in the market cap was registered. On the other hand, the market capitalization of BSE-listed companies rose by Rs 7,21,949.74 crore to Rs 2,48,32,780.78 crore on Thursday. Due to this boom, there has been a sharp increase in the wealth of the investors. Significantly, from February 8 to March 7, the markets had to face a sharp decline in four consecutive sessions, but for the last three days, they came back and investors are earning a lot.