The stock market returned to its glory!
This is the first week in which the indian stock market witnessed a great boom after the decline in the indian stock market for the last six months since the last week of september 2024. In the five-day trading session, the indian stock market closed with a great boom on all five days. The BSE Sensex has managed to close near 77000 points with a jump of 4 percent in the last five trading sessions, while there has been a strong increase in the wealth of investors.
This week the stock market closed with a boom in all five sessions. Both the major indices of the market, Sensex-Nifty, were bullish. But at the same time, the ongoing decline in mid-cap and small-cap stocks was halted and once again investors made heavy purchases in mid-cap and small-cap stocks. As a result, due to the boom in the stock market this week, investors' wealth has seen a jump of more than Rs 22 lakh crore.
When the stock market was closed on march 13, the market capitalization of the stocks listed on the BSE was Rs 391.18 lakh crore. But when the market opened on march 17 after a three-day holiday, there was a continuous boom since then. And with a jump of Rs 22.12 lakh crore in the five-day trading session, the market capitalization of the stocks listed on the BSE has reached Rs 413.30 lakh crore.
Let us tell you that when the indian stock market touched an all-time high in september 2024, the market capitalization had reached the level of Rs 480 lakh crore. Due to the decline in the market and especially the selling by foreign investors, the market cap slipped down to Rs 390 lakh crore. Due to this decline, investors have suffered a loss of about Rs 90 lakh crore. But foreign investors have again started turning towards the indian markets, so the wealth of investors is also increasing.
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