Investors Wealth:January 2024 has been amazing for companies and investors. The market cap of companies listed on Bombay Stock Exchange (BSE) has reached Rs 373 lakh crore. Investors have pocketed Rs 6.88 lakh crore in just four days. During this period, the Sensex continued to rise and reached its highest level of 72,720.96 on Friday.
BSE Sensex reaches historic high
The 30-share BSE Sensex closed at 72,568.45 on Friday, up 847.27 points or 1.18 per cent. A tremendous jump was seen in IT stocks on Friday. It had jumped up to 999.78 points during the day. In this way, a jump of 1,213.23 points was recorded in the BSE benchmark in four days. Investors earned Rs 6,88,711.19 crore during this period and the market cap reached Rs 3,73,29,676.27 crore.
IT companies made a huge jump
On Friday, BSE IT index rose by 5.06 percent. Tech also rose by 4.40 percent. Shares of Infosys went up by 8 percent. TCS
BSE smallcap and midcap also went up
Vinod Nair of Geojit Financial Services said that the results of big companies in the IT sector are encouraging. Apart from this, public sector banks have also performed well. There has been a significant increase in the wealth of investors this week. Besides, Indian stock markets have also touched new heights. During this period, a total of 2,112 shares on BSE went up, 1,742 went down and no change was seen in 88. BSE smallcap rose 0.41 percent and midcap rose 0.36 percent.
Sensex and Nifty closed at historic highs
Friday was a great day for investors in the Indian stock market. Due to heavy buying in IT shares, Sensex and Nifty closed at historic highs. A rally of more than 800 points has been seen in Sensex and 250 points in Nifty. At the end of today's trading, BSE Sensex closed at 72,568 points with a jump of 847 points and National Stock Exchange closed at 21,894 points with a jump of 248 points. Nifty has now reached very close to the figure of 22,000.
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