Even though there was a decline of about 1 percent in the stock market, it was not a bad day for investors. The special thing is that even on the day of decline, more than Rs. 60 thousand crores came into the pockets of investors. It is very rare to see a decline in Sensex and Nifty and investors make profits. Today i.e. Wednesday, something similar has been seen. If we look at the data, there was a fall of more than 750 points in Sensex. While Nifty also fell by about 200 points. Even after that, overall investors did not suffer any loss. The rise in shares of companies like HUL, NTPC and Reliance Industries did not allow investors to suffer the loss that usually occurs when the market falls by one percent. Let us also tell you what kind of figures were seen in the stock market and how more than Rs 60 thousand crores came into the hands of investors, let us try to understand…
One percent decline in stock market
A decline of one percent was seen in the stock market on Wednesday. Bombay Stock Exchange’s main index Sensex closed at 78,516.49 points with a fall of 757 points. Whereas during the trading session the Sensex fell by 831.03 points to 78,442.30 points. However, in the morning the Sensex fell slightly at 79,019.34 points. On the other hand, the main index of National Stock Exchange, Nifty, has also seen a decline of about 200 points. If we look at the data, Nifty closed at 24,378.10 points with a fall of 198.50 points. Whereas during the trading session Nifty fell by 223.7 points to 24,352.90 points. However, in the morning Nifty opened at 24,470.85 points.
Broader market boomed
On the other hand, there has been a rise in the broader market compared to Sensex and Nifty. Mid and small-cap segments showed strength. Nifty Midcap 100 and Smallcap 100 indices closed up by 0.19 per cent and 1.13 per cent respectively. The market situation remained positive. 2,340 shares advanced, while 1,745 shares declined, and 142 shares remained unchanged. However, market volatility increased slightly, and India VIX rose 3.8 percent to 18.19.
Investors earned more than Rs 60 thousand crores
Despite the fall of more than 750 points in the stock market, stock market investors have earned money. This earning is linked to the market cap of BSE. If we look at the figures, a day ago the market cap of BSE was Rs 4,68,67,234.72 crore. Whereas Sensex and Nifty closed with a gain of more than 700 points. Whereas after the closing of the stock market on Wednesday, the market cap has come down to Rs 4,69,27,622.40 crore. This means that the market cap of BSE has seen an increase of Rs 60,387.68 crore. This means that despite the decline in the market, investors have seen an increase in their earnings.
