Share Market News / Decreasing GDP... why the market did not bow down to the shocks of the second quarter

Share Market News: The famous dialogue of Allu Arjun's film 'Pushpa' "Jhukega Nahi…" is no longer limited to cinema. This sentence also perfectly fits the fighting spirit of the Indian stock market and its tendency to constantly reach new heights. Despite repeated setbacks, the Sensex and Nifty have once again demonstrated their strength.

Great performance of the stock market

On Thursday, the Bombay Stock Exchange (BSE) Sensex closed at 81,765.86 points with a gain of 809.53 points. During the trading session, it had reached 82,317.74 points, that is, a tremendous jump of 1,800 points from the day's low was seen.

In the last five trading days, the Sensex has gained 3.44% i.e. 2,722.12 points. This has happened when the country's GDP rate has come down below 6% and the second quarter earnings of Indian companies have seen a decline. Despite this, the Indian stock market has shown that it is capable of withstanding economic shocks and moving forward.

Nifty's surge

The National Stock Exchange (NSE) Nifty was also not behind in this rally. In the last five trading days, Nifty gave a return of 3.47%.

On November 28, the Nifty closed at 23,914.15 points.

On December 5, it closed at 24,708.40 points.

In Thursday's session, the Nifty gained 240.95 points and jumped 562.2 points from the day's low.

Big benefit to investors

This boom in the stock market brought huge profits to investors.

On November 28, the market cap of BSE was Rs 4,42,98,083.42 crore.

On December 5, it increased to Rs 4,58,17,010.11 crore.

In total, investors gained Rs 15.18 lakh crore.

Return of foreign investors: A major reason

The main reason for this boom in the Indian stock market is the return of foreign investors (FPIs).

So far in December, foreign investors have invested Rs 14,964 crore.

In contrast, in October and November they had withdrawn Rs 1,15,629 crore from the market.

This return of FPIs is a sign of confidence in the Indian market, which not only reflects the stability of the market but also makes its future bright.

Other reasons behind the boom in the stock market

Support of domestic investors: The activism of retail and mutual fund investors maintained stability in the market.

Support of global market: Positive signals from the US and European markets encouraged the Indian market.

Positive sector performance: Strong performance in sectors like IT, FMCG, and banking supported the market.

Will the market go higher in the coming days?

According to experts, this boom in the Indian stock market may continue. Given the strong investor sentiment, increasing investment by FPIs, and long-term prospects of the Indian economy, the market may see further boom.

Conclusion

'Jhukega Nahi...' is not just a dialogue, but has become the real identity of the Indian stock market. Be it economic challenges or global instability, Sensex and Nifty have proved every time that they have the strength to emerge. In the coming time, the Indian stock market is ready to touch new heights, and with this, investors will also get a big opportunity to make profits.