Stock Market on Record High: The stock market has set a record high in the business of November 9. Today the stock market has hit a record high after 200 trading sessions. At the same time, talking to the low of March, the Sensex and Nifty have covered this journey in 157 business days. In today’s business, the Sensex set a new high of 42,566.34. At the same time, the Nifty set a record high of 12,451.80. The recovery in the market was made only from May and June, which continues between mild fluctuations in between. Apart from large-cap, the broadcaster market has also contributed well to this rally. The recent rally saw a boom in all sectors.
66% boom in market
Since March 24, the stock market has gained 66 percent. The stock market made its low on 24 March amid deteriorating sentiments due to Coronavirus epidemic. Then the Sensex had reached the level of 25638.9. At the same time, the Nifty also reached the level of 7511 on 24 March. Since then, if you look at the recovery till now, both the index has gained about 66 percent.
Investors earned 63 lakh crores in 157 days
Talking about 24 March till now, the wealth of investors has increased by more than Rs 63 lakh crore. On March 23, the market cap of listed companies on the BSE was Rs 1,01,86,936 crore. At the same time, the market cap of BSE listed companies has reached close to 1,65,45,014 crore today. That is, in 157 days, the wealth of investors has increased by about 63 lakh crore rupees.
Rally also in the broad market
Since March 24, not only large-cap, midcap and smallcap have also been growing. During this time, the broad market also performed well. Talking about the midcap, it came down to 9555.24 on 24 March. Today, it strengthened to the level of 15,567.02. That is, it has increased by 63 percent.
Talking about Smallcap, it had reached the level of 8622.24 on 24 March. Today, it strengthened to the level of 15,351.86. That is, it has been growing by 78 percent.
Talking about the S&P BSE 500, it came down to 9758.33 on March 24. Today, it strengthened to the level of 16,143.52. That is, it has increased by 65 percent.
These shares contributed
These are among the stocks which have contributed well in the stock market rally. There has been a rise of 310 percent in the last 6 months. Among these, 310 per cent in Adani Green, 175 per cent in Laurus Lab, 175 per cent in Alok Industries, Welspun India 172 per cent, 165 per cent in Adani Enterprises, 162 per cent in APL Apollo Tube, 161 per cent in Birla Soft, 154 per cent in Jindal Stainless, Adani. Gas comprises 143 per cent.