Stock Market Update: In the midst of the ongoing ups and downs in the stock market, there has been a significant increase in the wealth of investors. Investor wealth has increased by over Rs 10.43 lakh crore in the last five days as domestic equity markets continued to rally amid buying by foreign institutional investors and stable global trends.
Stock Market Update: In the midst of the ongoing ups and downs in the stock market, there has been a significant increase in the wealth of investors. Investor wealth has increased by over Rs 10.43 lakh crore in the last five days as domestic equity markets continued to rally amid buying by foreign institutional investors and stable global trends. The market cap of companies listed on BSE has increased by Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29 to April 6).
Markets closed today
This week, the stock market remained closed on Tuesday (April 4) on the occasion of ‘Mahavir Jayanti’. The market is closed on Friday on the occasion of ‘Good Friday’. At the same time, last week, on Thursday, the stock markets were closed on the occasion of ‘Ram Navami’.
How was the condition of Sensex?
The 30-share BSE Sensex gained 2,219.25 points, or 3.85 per cent, in the last five trading sessions. According to market experts, the index has been helped by improvement in foreign capital inflows and positive global cues.
Know what is the opinion of the expert?
Santosh Meena, Head of Research, Swastik Investmart Limited has said that the Indian stock market has been in profit for the second consecutive week after a long period of underperformance. The market remained bullish on the back of stable global cues, buying by Foreign Institutional Investors (FIIs) at cheap rates and global interest rates reaching higher levels.
RBI did not change interest rates
The BSE Sensex climbed 143.66 points, or 0.24 per cent, to close at 59,832.97 on Thursday after the Reserve Bank of India (RBI) unexpectedly kept the policy rate unchanged.
