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In the current financial year so far, the capital of Dalal Path’s investors has increased by rs 31 lakh crore

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In the current financial year so far, the capital of Dalal Path’s investors has increased by rs 31 lakh crore

New Delhi, Aug 1 (PTI) In the first four months of the current financial year, the capital of stock market investors has increased by more than Rs 31 lakh crore. Overall, there has been an increase of Rs 31,18,934.36 crore in investor capital in the first four months amid a positive trend in the market.

The 30-share BSE Sensex has gained 3,077.69 points or 6.21 per cent during April-July in the current financial year.

The Sensex touched its all-time high of 53,290.81 points on July 16, 2021. It had closed at its all-time high of 53,158.85 on July 15.

The market capitalization of BSE listed companies has increased by Rs 31,18,394.36 crore on positive investor sentiment. The market capitalization reached its all-time high of Rs 2,35,49,748.90 crore on July 30.

Rahul Sharma, Co-Founder, Equity99, said, “Fund flow and liquidity are the key drivers behind positive investor sentiment.

He said that the market has performed well in 2020 after a series of sell-offs. The benchmark Sensex has now more than doubled from its March, 2020 lows.

The market capitalization of BSE listed companies rose by Rs 90,82,057.95 crore to Rs 2,04,30,814.54 crore in the full financial year 2020-21. The Sensex rose 20,040.66 points or 68 per cent in the last financial year, despite the hiccups caused by Kovid-19.

VK Vijayumar, Chief Investment Strategist, Geojit Financial Services, said, “First of all, it needs to be understood that at the moment there is bull market globally. Barring a few markets like Egypt and Iran, there is a boom in all the markets of the world.

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He said that all the central banks of the world, including the US Federal Reserve, have injected tremendous liquidity into the market. This is one of the main reasons for the rally in the markets.

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