Share Market Investors: Bappa’s blessings were seen on the stock market investors a day before Ganesh Chaturthi. Due to the tremendous rally in the stock market in Tuesday’s trading session, there was a tremendous jump in the wealth of the investors. A day earlier, investors were selling on the statement of the head of the US Fed Reserve’s big increase in interest rates. But in Tuesday’s trading session, there was a tremendous jump in the wealth of investors due to the rally in the market.
Assets increased by Rs 5.68 lakh crore
The market capitalization of companies listed on BSE stood at Rs 274.56 lakh crore on Monday. Which reached Rs 280.25 lakh crore, with a jump of Rs 5,68,305 crore due to the rise in the market on Tuesday. That is, an increase of Rs 5.68 lakh crore was seen in the assets of stock market investors in a single session.
In fact, a jump of 3 percent in the BSE Sensex was seen in Tuesday’s trading session. Before closing, the BSE index closed with a gain of 1564 points. This is the second biggest jump in the Sensex in the current year. Indian stock markets will remain closed on Wednesday on account of Ganesh Chaturthi.
Due to heavy investment in the stock market, the rupee also returned a strong strength against the dollar. The biggest jump was seen in the rupee on Tuesday. On Monday, the rupee had closed at the level of 79.96. But on Tuesday, the rupee has closed at Rs 79.45.
However, the eyes of the market are now also on the GDP figures for the first quarter of 2022-23 coming on Wednesday. It is believed that in the first quarter of the current financial year, the GDP growth rate is expected to be in double digits.
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