Let us tell you that according to the recent report, investors have made huge profits from the stock market in the past few days. Yes, along with this an atmosphere of G20 summit is created in the country. Let us tell you that the eyes of the investors are fixed on this summit along with the market.
Where an atmosphere of caution is being seen in the global market. On the other hand, the major indices of the stock market, Sensex and Nifty, have seen a rise for the 6th consecutive day. In these 6 days, a rise of 3 percent has been seen in the stock market.
Due to which share market investors have gained a profit of more than Rs 11 lakh crore. The special thing is that the atmosphere of G20 summit (delhi g20 summit) is created in the country.
The eyes of the country’s investors are fixed on this summit. Due to which continuous buying is being seen from retail investors. Which is a good sign for the Indian stock market. The Sensex is still about 1000 points behind its life time high. It is estimated that next week Sensex will cross the life time high and Nifty will cross the level of 20 thousand.
On the other hand, despite the weakness in the global stock market today, the Sensex remained in the green throughout the session on Friday (Share Market Investors Share Market). Amid expectations that the Fed will not make any changes in interest rates in its September meeting. A decline has also been seen in US stock futures, dollar and treasury yields.
At the same time, when Sensex closed, top European markets including UK’s FTSE, France’s CAC and Germany’s DAX were trading with significant losses. Experts say that due to buying by domestic investors, there is a bullish atmosphere in the market. In the coming few weeks, the monetary policy meetings of the European Central Bank, Federal Reserve and Bank of England will decide the mood of the market.
Today,
the Sensex opened at 66,381.43 compared to the previous close of 66,265.56 and increased by 501 points to reach an intraday high of 66,766.92. The Sensex closed 333 points or 0.50 per cent higher at 66,598.91, while the Nifty closed 93 points or 0.47 per cent higher at 19,819.95. After reaching its new record high of 32,692.74 during the session, the BSE Midcap index closed at 32,672 with a strong gain of 0.92 percent.
The BSE Smallcap index also hit its new record high of 38,369.21 during the session, but closed at 38,266.53, up 0.43 per cent. Sensex has gained 2.73 percent and Nifty 2.94 percent in the last six sessions.
Market cap increased by Rs 11 lakh crore.
The total market cap of companies listed on BSE was Rs 309.6 lakh crore on August 31, which has increased to Rs 320.9 lakh crore today. This means that investors have gained more than Rs 11.3 lakh crore in just six days. If we talk about today, investors have made a profit of more than Rs 1.8 lakh crore. In the last session, the market cap of BSE-listed companies was Rs 319.1 lakh crore.
