Stock Market: Sensex climbed 721 points and crossed 60,500, investors’ wealth increased by 5 lakh crores

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The stock market was buzzing on Monday, the first trading day of the week. BSE Sensex climbed 721.13 points to reach 60,566.42 once again due to all-round buying in the market. At the same time, there was a good boom in NSE Nifty. The Nifty ended at 18,014.60 with a gain of 207.80 points.

Let us tell you that there was a big fall in the stock market last week. Let us tell you that last week the Sensex lost 1,492.52 points or 2.43 percent, while the Nifty fell 462.20 points or 2.52 percent. Due to the bumper boom in the stock market, the investors also got confused.

Investors earned Rs 5 lakh crore in one day. Of the 30 stocks included in the Sensex, 25 advanced and 5 declined. At the same time, out of 50 stocks included in the Nifty, 40 advanced and 10 declined. In today’s business, there was a good rise in the shares of banking, IT, auto and FMCG companies.

Sensex
Image Source : FILE
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Investors earned more than 5 lakh crores

Sensex
Image Source : FILE

Today, due to the tremendous boom in the stock market, investors earned more than five lakh crores in a day. In fact, when the market closed on Friday, the market capitalization of companies listed on BSE was Rs 2.72 lakh crore, which increased to more than Rs 2.77 lakh crore on Monday. In this way, investors earned more than Rs 5 lakh crore in a day. At the same time, in just four days last week, investors had to bear a loss of more than Rs 15 lakh crore.

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