NEW DELHI: The Sensex has surged over 41 in line with cent within the first 4 years of the Modi executive, making traders richer by Rs 72 lakh crore.
The index has gained 10,207.99 issues or 41.29 in line with cent, since the BJP-led NDA executive got here to power in May 2014. The BSE blue chip index hit an all-time prime of 36,443.98 on January 29 this 12 months.
The total stock marketplace has grown from little over Rs 75 lakh crore to more than Rs 147 lakh crore.
At shut of business as of late, the marketplace capitalisation (m-cap)of BSE-listed corporations stood at Rs 1,47,28,699 crore. Stocks of about 2,784 corporations are traded at the BSE.
"The four years of Modi government have been a roller coaster ride with its share of ups and downs. The performance of the Modi government has been remarkable in terms of planning and execution of some policies whereas the macroeconomic numbers aren't all that rosy," said Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote.
The Sensex as of late ended the day with a acquire of 261.76 issues or 0.76 in line with cent at 34,924.87.
"The overall gain in the Sensex during the four years of the Modi government is only around 40 per cent. This is not very impressive return. The main reason for this mediocre performance has been the tepid earnings growth of the last four years. However, this is set to change with a smart pick up in earnings growth expected in FY 2019," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services Ltd.
"As the Modi government enters its last year in office the macroeconomic situation presents a mixed picture. A major challenge has suddenly erupted in the form of spiralling crude. Crude at USD 80 can play spoilsport. If this high rate sustains, it will worsen our fiscal deficit and CAD leading to higher inflation and weakening rupee. This will be a greater threat to the government than the challenge from a 'united opposition'," Vijayakumar added.
TCS is the country's maximum valued firm with a marketplace capitalisation of Rs 6,87,123.96 crore, RIL (Rs 5,83,972.22 crore), HDFC Bank (Rs 5,22,420.61 crore), HUL (Rs three,41,064.80 crore) and ITC (Rs three,31,895.80 crore) within the best five listing.
At the BSE as of late, 1,630 shares complicated, while 1,004 declined and 150 remained unchanged.
A total of 23 shares ended with gains led by ONGC, Tata Steel, YES Bank and IndusInd Bank.
The index has gained 10,207.99 issues or 41.29 in line with cent, since the BJP-led NDA executive got here to power in May 2014. The BSE blue chip index hit an all-time prime of 36,443.98 on January 29 this 12 months.
The total stock marketplace has grown from little over Rs 75 lakh crore to more than Rs 147 lakh crore.
At shut of business as of late, the marketplace capitalisation (m-cap)of BSE-listed corporations stood at Rs 1,47,28,699 crore. Stocks of about 2,784 corporations are traded at the BSE.
"The four years of Modi government have been a roller coaster ride with its share of ups and downs. The performance of the Modi government has been remarkable in terms of planning and execution of some policies whereas the macroeconomic numbers aren't all that rosy," said Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote.
The Sensex as of late ended the day with a acquire of 261.76 issues or 0.76 in line with cent at 34,924.87.
"The overall gain in the Sensex during the four years of the Modi government is only around 40 per cent. This is not very impressive return. The main reason for this mediocre performance has been the tepid earnings growth of the last four years. However, this is set to change with a smart pick up in earnings growth expected in FY 2019," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services Ltd.
"As the Modi government enters its last year in office the macroeconomic situation presents a mixed picture. A major challenge has suddenly erupted in the form of spiralling crude. Crude at USD 80 can play spoilsport. If this high rate sustains, it will worsen our fiscal deficit and CAD leading to higher inflation and weakening rupee. This will be a greater threat to the government than the challenge from a 'united opposition'," Vijayakumar added.
TCS is the country's maximum valued firm with a marketplace capitalisation of Rs 6,87,123.96 crore, RIL (Rs 5,83,972.22 crore), HDFC Bank (Rs 5,22,420.61 crore), HUL (Rs three,41,064.80 crore) and ITC (Rs three,31,895.80 crore) within the best five listing.
At the BSE as of late, 1,630 shares complicated, while 1,004 declined and 150 remained unchanged.
A total of 23 shares ended with gains led by ONGC, Tata Steel, YES Bank and IndusInd Bank.
Stocks surge over 41%; investors richer by Rs 72 lakh crore in 4 years
![Stocks surge over 41%; investors richer by Rs 72 lakh crore in 4 years]()
Reviewed by Kailash
on
May 27, 2018
Rating:
