Investors earned more than Rs 4.29 lakh crore in the stormy boom

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Mumbai: Shares were bought on the back of better-than-expected performance of the Indian economy in the third quarter of the current financial year, approval of three units with investment of Rs 1.26 lakh crore for semiconductor manufacturing in the country and positive signals from the global level. There was a stormy rise in the market today due to which BSE reached towards 74 thousand points. Investors earned more than Rs 4.29 lakh crore due to the boom during this period.

BSE’s 30-share sensitive index Sensex jumped by 1245.05 points and reached 74 thousand points at 73745.35 points and National Stock Exchange (NSE) Nifty reached 22338.75 points with a rise of 355.95 points. Compared to big companies, buying in small and medium companies was a bit slow due to which BSE Midcap rose by 0.89 percent to 39696.49 points and Smallcap rose by 0.68 percent to 45532.46 points. With today’s rise, the market capitalization of BSE increased to Rs 39225029.98 crore, which is Rs 429339.75 crore more than the previous day’s Rs 38795690.23 crore. In this way investors have earned more than Rs 4.29 lakh crore.

The country’s Gross Domestic Product (GDP) growth rate in the third quarter of the current financial year has been 8.4 percent, due to which GST is now estimated to grow at the rate of 7.6 percent in the current financial year, whereas in the first advance estimate it was expected to be 7.3 percent. The matter was said. With this boom in economic activities, the government yesterday gave approval to the construction of three units with an investment of Rs 1.26 lakh crore, giving impetus to semiconductor manufacturing in the country. This has increased the attraction of investors from all over the world towards India.

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