Stock Market on Fresh High : A strong rally is being seen in the stock market today. In today's trading, Sensex and Nifty have made their fresh high (Stock Market on Fresh High). In intraday, Sensex made a high of 74,797.70 while for Nifty the level of 22679 was a record high. In this market boom, the market cap of BSE listed companies crossed Rs 401 lakh crore for the first time. This market rally has also got support from heavyweight shares like MARUTI, M&M, RELIANCE, AXISBANK. Currently, investors are in favor of today's rally.
1300% return in 10 years, this jewelery stock of Tata Group can become Kohinoor of your portfolio, why should you BUY?
Investors' wealth increased by Rs 14.50 crore
In today's market super rally, investors' wealth has increased by more than Rs 14.50 crore. Before this, when the market closed on April 5, 2024, the market cap of BSE listed companies was Rs 3,86,97,100 crore. Whereas today in intraday it crossed Rs 4,01,72,523 crore. That means investors earned around Rs 14.75 lakh crore in 1 day.
Increase of Rs 100 lakh crore in 10 months
This is the first time that the market cap of BSE listed companies has crossed Rs 400 lakh crore. The market cap of BSE listed companies had reached the figure of Rs 300 lakh crore in July last year. That means, in a span of 10 months, the wealth of investors has increased by about Rs 100 lakh crore.
Ace Investors: Jhunjhunwala vs Damani, shares of which portfolio proved to be wealth creator in FY24
Rise in heavyweight stocks
Today, a good rise is being seen in the heavyweight shares (Largecap Rally). 24 shares of Sensex 30 are seen in green. Maruti Suzuki, Mahindra & Mahindra, Reliance Industries, Axis Bank, JSW Steel and Bharti Airtel are witnessing good growth today. Talking sector wise, Auto and Metal indices on Nifty have strengthened by more than 2 percent and 1 percent respectively.
Strong Portfolio: Choose 20 best largecap and midcap for portfolio, can give high returns in FY25
Global signals also better
Global signals are better for the domestic stock market today. Buying is being seen in major Asian markets in today's business. Earlier on Friday, American markets also closed with strong gains. On Friday, Dow Jones Industrial gained 307 points and closed at the level of 38904.04. There was a rise of 199 points in NASDAQ Composite and it closed at the level of 16248.52. While the S&P 500 index increased by 57 points and closed at the level of 5204.34.
Talking about Asia, Gift Nifty is flat while Nikkei 225 is up by 1.33 percent. A rise of 0.06 percent is seen in Strait Times and 0.77 percent rise in Hang Seng. Taiwan Weighted has strengthened by 0.61 percent and Kospi has strengthened by 0.08 percent. While Shanghai Composite looks flat.
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Stock Market on Fresh High : A strong rally is being seen in the stock market today. In today's trading, Sensex and Nifty have made their fresh high (Stock Market on Fresh High). In intraday, Sensex made a high of 74,797.70 while for Nifty the level of 22679 was a record high. In this market boom, the market cap of BSE listed companies crossed Rs 401 lakh crore for the first time. This market rally has also got support from heavyweight shares like MARUTI, M&M, RELIANCE, AXISBANK. Currently, investors are in favor of today's rally.
1300% return in 10 years, this jewelery stock of Tata Group can become Kohinoor of your portfolio, why should you BUY?
Investors' wealth increased by Rs 14.50 crore
In today's market super rally, investors' wealth has increased by more than Rs 14.50 crore. Before this, when the market closed on April 5, 2024, the market cap of BSE listed companies was Rs 3,86,97,100 crore. Whereas today in intraday it crossed Rs 4,01,72,523 crore. That means investors earned around Rs 14.75 lakh crore in 1 day.
Increase of Rs 100 lakh crore in 10 months
This is the first time that the market cap of BSE listed companies has crossed Rs 400 lakh crore. The market cap of BSE listed companies had reached the figure of Rs 300 lakh crore in July last year. That means, in a span of 10 months, the wealth of investors has increased by about Rs 100 lakh crore.
Ace Investors: Jhunjhunwala vs Damani, shares of which portfolio proved to be wealth creator in FY24
Rise in heavyweight stocks
Today, a good rise is being seen in the heavyweight shares (Largecap Rally). 24 shares of Sensex 30 are seen in green. Maruti Suzuki, Mahindra & Mahindra, Reliance Industries, Axis Bank, JSW Steel and Bharti Airtel are witnessing good growth today. Talking sector wise, Auto and Metal indices on Nifty have strengthened by more than 2 percent and 1 percent respectively.
Strong Portfolio: Choose 20 best largecap and midcap for portfolio, can give high returns in FY25
Global signals also better
Global signals are better for the domestic stock market today. Buying is being seen in major Asian markets in today's business. Earlier on Friday, American markets also closed with strong gains. On Friday, Dow Jones Industrial gained 307 points and closed at the level of 38904.04. There was a rise of 199 points in NASDAQ Composite and it closed at the level of 16248.52. While the S&P 500 index increased by 57 points and closed at the level of 5204.34.
Talking about Asia, Gift Nifty is flat while Nikkei 225 is up by 1.33 percent. A rise of 0.06 percent is seen in Strait Times and 0.77 percent rise in Hang Seng. Taiwan Weighted has strengthened by 0.61 percent and Kospi has strengthened by 0.08 percent. While Shanghai Composite looks flat.