new Delhi. Donald Trump’s defeat in the US election is clearly visible. Joe Biden is a few inches away from becoming the new president of the United States. At the same time, this election has benefited American investors. Indian has also benefited equally. Investors have gained a lot in the last 6 days. According to the BSE data, investors have gained more than Rs 5.50 lakh crore due to the market which has risen due to Trump’s possible defeat in the US elections. If you talk about SENSEX, today it has closed at 41893.06 points with a gain of 552.90 points. Nifty 50, the major index of the National Stock Exchange, has closed with a gain of 143.25 points at 12263.55. On the other hand, shares of Reliance Institutions have seen good gains for the second consecutive day. Due to which the stock of the company has once again crossed 2000 rupees.
Highest market level since 20 January
Today the stock market has reached a height of more than 10 months. Both the Sensex and the Nifty have reached the highest level since January 20. The Sensex was at 41,528.91 points on January 20 and the Nifty 50 was trading at 12,224.55 points. On the other hand, in the month of November, the equity market has seen a lot of good. Whole credit goes to the booming US market. In the month of November, the Nifty 50 has seen a gain of 621.15 points. Talking about the Sensex, there has been an increase of 2279 points in the month of November. In such a business week, such a rapid increase is rarely seen.
Banking and FMCG boom
If you talk about today’s sectoral index, then banks and Nifty have seen a good boom. Bank Exchange 557.35 and Bank Nifty closed with a gain of 485.90 points. Consumer durables closed up 209.32 points. BSE IT gained 150.82 points. Oil and Gas 88.53, CNX Midcap 125.90, BSE Small Cap 81.54, BSE Mid-Cap 55.73, BSE Metal 40.15, BSE Tech 51.80, BSE PSU 4.39, BSE Auto 8.66 and Capital Goods 15.21 points were seen. BSE FMCG 17.36 and BSE Healthcare 121.07 points have been observed.
Rising and falling stocks
Reliance shares have gained momentum for the second consecutive day today. Today, RIL shares and Bajaj Finserv shares closed up nearly 4 per cent. IndusInd Bank and HDFC Bank shares have seen an increase of nearly three per cent. On the other hand, Kotak Mahindra Bank closed with a gain of about 2.5 per cent. Talking about the declining shares, Maruti Suzuki India stock closed down by 2.61 per cent. GAIL India was down 1.89 per cent, Bharti Airtel 1.62 per cent, Ultra Tech Cement 1.34 per cent and Asian Paints 1.31 per cent.
5.50 lakh crore profit in the month of November
On the other hand Indian investors have made big profits in the month of November. The market has seen a good boom in the month of November. Investors have seen profits of over Rs 5.50 lakh crore in the last five trading days. Investors’ profits are comparable to BSE’s market cap. The market cap on October 30 was Rs 1,57,92,249.91 crore. Whereas today, on October 6, the market cap has reached Rs 1,63,60,699.17 crore. If you look at the difference of the market cap of the two days, then it will be Rs 5,68,450.26 crore. This is the profit of the investors.
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