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Tuesday, 2 January 2024

India will become the Fourth Economic Superpower !

India will become the fourth economic superpower !

India will become the fourth economic superpower !

The stock market has been profitable for investors.  Investors' wealth has increased by a record Rs 80.62 lakh crore in one year.

 The stock market has been profitable for investors.  Investors' wealth has increased by a record Rs 80.62 lakh crore in one year.  There has been a lot of excitement at the end of the year in the stock market due to many reasons like BJP's success in recent elections, economic condition, political stability, increase in corporate income etc.  This year we have got 18% profit from the capital market.  During the year, Sensex has increased by more than 18 percent while investors in Nifty have gained up to 20 percent.

 Due to upward trend in domestic capital market, Indian stock market has seen an increase of about Rs 82 lakh crore.  Therefore, India is expected to surpass Hong Kong and become the fourth economic superpower. The stock market has performed better as the net loss has also come down.  As of December 28, Sensex has increased by 11,569 points. This has increased by about 19 percent compared to last year.  Retail investors have been especially profitable this year.  Investors are mainly worried about market instability. 

 The market is giving him good returns.  ,  This year both Bombay Stock Exchange and National Stock Exchange have entered the 4 lakh crore dollar club.  In 2021 it was worth Rs 3 lakh crore.  But within two years it has been able to generate one lakh crore dollars.  Sensex reached its highest level in December. On the other hand, about 8 crore people have joined the stock market this year. 

 The number of investors has increased by 24 percent.  While Maharashtra has the maximum number of 1.4 crore investors, Uttar Pradesh is also not lagging behind.  Only 23.1 lakhs of new investors have been added to Uttar Pradesh.  Since investing in share market has become easier online, people are getting attracted in large numbers.

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