Share Market Record / The market set a new record, investors earned Rs 10.42 lakh crore in two days

Share Market Record: Recently, after the US Central Bank cut the policy rate by 0.50 percent, India's stock market is witnessing a tremendous boom. In the last two trading days, Sensex and Nifty have seen a gain of more than 2 percent. So far in the month of September, both the indices have given a return of more than 3 percent, which has created an atmosphere of enthusiasm among the investors.

Sensex and Nifty at record highs

At present, the Indian stock market is at its record level. BSE's major index Sensex is set to reach close to 85,000 points, while Nifty is also close to crossing the 26,000 points level. The effect of this boom has been that in the month of September alone, investors have earned a huge amount of Rs 11.50 lakh crore. The special thing is that in the last two days itself, the market has put a profit of Rs 10.42 lakh crore in the pockets of investors.

Stock Market Performance

If we look at the historical performance of the stock market, on September 23, the Sensex touched a lifetime high of 84,980.53 points. At the close of the market, the Sensex closed at 84,928.61 points with a gain of 384.30 points. The Sensex also started with a gain of more than 1300 points on Friday, and showed great performance throughout the day after opening at 84,651.15 points.

Nifty also showed similar growth. Nifty also touched a lifetime high with 25,956 points, and closed at 25,939.05 points. This rise was the result of Nifty's gain of 148.10 points, and the market also opened at the level of 25,872.55 points. Nifty registered a jump of about 2 percent in the last trading days.

Huge profits in September

The month of September is proving to be very beneficial for Indian investors. Both Sensex and Nifty have given returns of up to 3 percent. Sensex showed a gain of 2,614.76 points from the last trading day of August, which is equivalent to earning 3.17 percent for investors. In the last two trading days only, Sensex has registered a jump of 1,795.73 points with a gain of 2.16 percent.

Nifty has also given investors a great opportunity to earn. On the last trading day of last month, Nifty was at 25,235.90 points, which has seen a gain of 720.1 points so far. This means that Nifty has given a return of 2.85 percent in September. In the last two days, Nifty has seen a gain of 2.12 percent i.e. 540.2 points.

Tremendous earnings for investors

In the month of September, the stock market has given great profits to investors. According to BSE data, investors have earned Rs 11.50 lakh crore so far this month. Last month, the market cap of BSE was Rs 4,64,39,993.77 crore, which increased to Rs 4,75,89,624.12 crore on September 23. This increase is Rs 11,49,630.35 crore, and in the last two days alone, investors have earned Rs 10.42 lakh crore.

Further prospects

According to stock market experts, this boom may continue till the end of September. Apart from this, the festive season starting from October will also have a positive impact on the stock market. The coming few months can be beneficial for the Indian stock market, due to which investors are expecting more profits.

Conclusion: The rate cut by the US Central Bank has infused new energy into the Indian stock market. Sensex and Nifty are constantly reaching record highs, and this is proving to be a profitable period for investors. Looking at the current situation of the stock market and future prospects, it would not be wrong to say that investors will continue to get good profits in the next few months as well.