The Sensex and the Nifty are at all-time highs, and investors are reaping the benefits of the strong market rise.
The Sensex and the Nifty are at all-time highs, and investors are reaping the benefits of the strong market rise.
Despite the economic effects of the Covid-19 outbreak, benchmark stock market indexes have been rising over the past three months. Both the S&P BSE Sensex and the NSE Nifty 50 have set new highs, indicating that investor mood is increasing across the board.
Stock market analysts remain bullish about the future and are certain that the growth momentum will continue without any disruption. Several reports and polls also suggest that domestic stock markets are likely to grow rapidly due to positive company results and improving Covid-19 situation.
After the Sensex touched a new record high in early trade on Friday, the entire market capitalization of companies listed on the Bombay Stock Exchange surged to Rs 231.52 lakh crore, up from Rs 230.23 lakh crore at yesterday's closing. According to a report by BusinessToday.in, investor worth increased by Rs 1.29 lakh crore in the morning session.
The BSE market capitalization suggests that investors are making significant gains on a daily basis in the stock market. Despite the impact of the second wave on the economy, their wealth is expected to continue to rise.

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