Share Market Today / Crores of people in the stock market became rich, earned 6 lakh crores in 2 days

There was a strong rise in the stock market in the last two trading days. Sensex jumped 1,200 points and Nifty 400 points. On Monday alone, Sensex rose 455 and Nifty 148 points. This gave investors a profit of about 6 lakh crores. Mahindra, Nestle and tech stocks saw a rise.

Share Market Today: There has been a tremendous uptrend in the Indian stock market for the last two trading days. This uptrend, which started on Friday, continued on Monday as well, although it was expected that Monday's uptrend would be more intense than Friday. The reason for this was also clear - a bumper dividend of Rs 2.70 lakh crore was transferred to the Central Government by the Reserve Bank of India (RBI), which was a big positive sign for the market.

But the market did not fully capitalize on this favorable signal. Investors invested cautiously, which also affected the market movement. Despite this, on Monday, the Sensex closed 455.38 points higher at 82,176.45, while the Nifty gained 148 points to reach 25,001.15.

Sensex-Nifty's spectacular jump in two days

If we talk about the last two trading sessions, then Sensex has seen a total jump of 1,224.46 points, while Nifty has registered a strength of 391.45 points. This strong rise has brought huge profits to about 22 crore investors across the country.

Earning of Rs 6 lakh crore in two days

The biggest impact of the rise has been on the capital of investors. According to the data, the total market capitalization of BSE on Thursday was Rs 4,38,98,041.22 crore, which increased to Rs 4,44,81,780.11 crore on Monday. That is, in just two trading days, investors have earned a profit of about Rs 5.84 lakh crore. On Monday alone, this profit was around Rs 2.85 lakh crore.

Which stocks saw a rise?

Among the top 30 stocks of BSE, the most shining was seen in the shares of Mahindra & Mahindra, which closed with a gain of 2.17%. Apart from this, Nestle India (1.65%), HCL Tech, Tata Motors, and ITC also saw good growth.

Many giants of technology and FMCG sector like Infosys, Tech Mahindra, L&T and Hindustan Unilever also gained 1% or more.

Some stocks also declined

However, not all stocks in the market were bullish. Shares of Zomato's holding company Eternal registered the biggest decline of 4.51%. At the same time, stocks like UltraTech Cement (0.47%), Maruti, Kotak Bank, Tata Steel, NTPC, Sun Pharma, and Power Grid ended trading in the red.