In four days, stock market investors have made a profit of more than Rs 10 lakh crore.
The stock market has seen a rise for the fourth consecutive day. Due to this boom, stock market investors have gained a profit of more than Rs 10 lakh crore. During this period, the stock market has seen a rise of more than 2.75 percent. According to experts, the biggest reasons for the rise in the stock market are the rise in foreign markets, increase in investment by foreign investors, fall in crude oil prices and rise in rupee. If we talk about Diwali day i.e. Monday, Sensex has seen a rise of more than 400 points. At the same time, a rise of 133 points was seen in Nifty also. The main reason for the rise on the day of Diwali is the rise in the shares of Reliance Industries and HDFC Bank. Recently the quarterly results of both were released. Let us also tell you what kind of figures were seen in the stock market.
increase in sensex
There has been a tremendous rise in Sensex in four trading days. Bombay Stock Exchange’s main index Sensex has seen a rise of 2.84 percent in four trading days. If we look at the data, on October 14 the Sensex closed at 82,029.98 points, whereas today the Sensex closed at 84,363.37 points. This means that Sensex saw an increase of 2,333.39 points in 4 days. If we talk about Monday, the Sensex increased by 411.18 points or 0.49 percent and closed at 84,363.37. During the day’s trading, it had increased by 704.37 points or 0.83 percent to reach 84,656.56. Among Sensex companies, Reliance Industries, Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel witnessed notable gains. ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid closed in the red.
Tremendous rise in Nifty also
On the other hand, Nifty, the main index of National Stock Exchange, also saw tremendous rise in 4 consecutive days. During this period, an increase of 2.77 percent was seen in Nifty. If we look at the data, Nifty was seen at 25,145.50 points on October 14, which closed at 25,843.15 points on Monday. This means that Nifty has seen an increase of 697.65 points in four days. If we talk about Monday only, Nifty closed at 25,843.15 with an increase of 133.30 points or 0.52 percent. During the trading session, Nifty rose by more than 200 points and reached the day’s high of 25,926.20 points.
condition of foreign markets
In other markets of Asia, South Korea’s Kospi, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng closed with gains. European markets were trading in the green. American markets closed with gains on Friday. According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 308.98 crore on Friday. Global oil benchmark Brent crude was down 0.29 percent at $61.11 per barrel.
Investors gain Rs 10 lakh crore
Due to four consecutive days of bullishness, stock market investors have gained more than Rs 10 lakh crore in four consecutive days. The profit and loss of investors is linked to the market cap of BSE. The market cap of BSE on October 14 was Rs 4,59,67,652.36 crore, which increased to Rs 4,69,73,800.90 crore on October 20. This means that stock market investors have gained a profit of Rs 10,06,148.54 crore.