Business

In 2021, due to the boom in the stock market, the wealth of investors increased by Rs 72 lakh crore

Investors Richer By Rs 72 lakh Crores in 2021: 2021 has been a great year for the stock market and its investors. For the first time, the index of the Mumbai Stock Exchange, the Sensex, crossed the record figure of 50,000 and also crossed 60,000. On October 18, the Sensex touched a high of 61,765 points. In this boom of the stock market, the investors got bat. Whereas the market has also faced the second wave of corona virus this year.

Investors’ wealth increased by 72 lakh crores

Due to the tremendous boom in the stock market in 2021, there has been a tremendous increase in the wealth of investors. In 2021, the wealth of investors investing in the Indian stock market has increased by Rs 72 lakh crore. Adding up the market value of all the companies listed in the stock market, it has reached close to Rs 260 lakh crore. Despite the second wave of Corona and the threat of Omicron, the Sensex has given a return of 20 percent.

Record new demat accounts opened

In fact, due to the tremendous cash available in the market, there is a reason for the boom in the stock market, while the number of investors investing in the stock market has also increased tremendously during the Corona period. Record number of new demat trading accounts have been opened. The number of demat trading accounts in 2019-20 was only 4.09 crores, which has increased to 5.51 crores in 2020-21 and to 7.38 crores by 31 October 2021.

Market neutralized by selling of foreign investors

Due to global economic concerns, foreign investors are selling while domestic institutional are buying continuously, due to which there has been no major fall in the market despite the exit of investments. Investment in the market through mutual funds has crossed Rs 1 lakh crore.

Record IPO in 2021

This year has also been memorable for companies that brought IPO. Companies have raised Rs 1.18 lakh crore from the market through more than 60 IPOs. If you combine the last three years, then this year more companies came with IPO and also raised more money from the market. The question is, how long will this bullishness last in the market. But many experts are also predicting the Sensex to touch 70,000 by the end of 2022.

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who is professional full time tech, travel and coding enthusiast with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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