New Delhi, 24/9: The stock market is still on its new record. On the last trading day of the week i.e. Friday, the Sensex crossed the 60,000 mark. This benchmark index has increased by 10,000 points, the fastest ever since 50,000 points in January this year. Nifty 50 is also trading near 18,000 point with the help of rally in tech stocks. The market capitalization (Mcap) of companies listed on BSE had reached an all-time high on Thursday with Rs 261.73 lakh crore.
huge profit from investors
From a market cap of a little over Rs 6 lakh crore in 2001-02 to Rs 68,39,083 crore in 2010-11 and now to Rs 2,61,73,374 crore in 2010-11, the benchmark index has shown a spectacular rise in investors’ wealth. Market experts say that the achievement of the Sensex during Kovid is surprising and it is a good sign for the bulls who have complete control over the market. also advised. The valuation of the market has increased significantly and is at a premium of around 80 per cent as compared to other emerging markets. It will be difficult to sustain the market level