Stock market – biggest boom of 10 years in April, investors gain 19.06 lakh crore

Stock market - biggest boom of 10 years in April, investors gain 19.06 lakh crore
Stock market - biggest boom of 10 years in April, investors gain 19.06 lakh crore

Due to the rise in the global market due to increasing expectations of the Relief Package in the US, all the Asian markets including India have seen a boom. On Thursday, the Bombay Stock Exchange’s flagship index Sensex (Sensex) gained 997.46 points, or 3.05 percent, to close at 33,717.62. At the same time, the Nifty on the National Stock Exchange also closed up at 9,859.90 with a gain of 3.21 percent i.e. 306.55 points. Let me tell you that a 19 percent increase in April is the biggest rise of 10 years in any month.

Which sectors have increased rapidly?
Talking about different sectors, except for the health sector, there was a boom in all other sectors. The sectors which have closed on the green mark include Auto, Capital Goods, Consumer Durables, IT, Metal, Oil & Gas, PSU, Tech. Bank Nifty saw an increase of 490 points today.

BSE Midcap, BSE Small Cap and CNX Midcap also closed in gains in the Broader Index. All three saw an increase of up to 1 percent.

In which shares,
the shares were benefited. If you talk about the shares which are the most profitable in the day, then Tata Motors (19.26 percent), UPL (14.99 percent), Vedanta (13.71 percent), Hindalco Industries (12.60 percent), ONGC (10 percent). ), HCL Technology (10 percent), Hero MotoCorp (9.02 percent), Maruti Suzuki (5.72 percent) and Tata Steel (5.50 percent) followed suit.

On the other hand, Sun Pharma (2.60 percent), HUL (2.18 percent), Asian Paints (0.98 percent), Cipla (0.79 percent), IndusInd Bank (0.54 percent) closed down in the losses.

57 percent stronger and the rupee closed
against the dollar, then it was seen to be strong today. Today, the rupee rose 57 paise to close at 75.10 against the previous day. This strength in the rupee was seen today due to big purchases in the domestic equity market.

Investors earned Rs 19.21 lakh crore in April
Today, after a day’s shopping in the market, the BSE market cap increased by Rs 3.13 lakh crore. After the previous trading day, the total market cap of BSE was Rs 1,26,21,048.50 crore, which has increased to Rs 1,29,34,402.91 crore after today’s trading. Talking about the earnings of investors throughout April, even after the constant fluctuations, the investors have gained a total of Rs 19.06 lakh crore in the first month of the new financial year. The market cap of BSE was Rs 1,10,28,123.54 crore on 1 April amid lockdown which has increased to Rs 1,29,34,402.91 in a month.

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