From Independence Day 2014 till now, the stock market has given huge returns to investors.
The Prime Minister of the country will hoist the tricolour flag from the ramparts of the Red Fort for the 11th consecutive time on August 15, 2024. In doing so, he will equal the record of Jawaharlal Nehru. Well, today is not just about Narendra Modi and his political life. It is rather about the country’s stock market, which is not only moving forward with every move of PM Modi but has also broken many records in his name. At present, the country’s stock market is the fifth-largest market in the world. It has reached approximately $5.50 trillion.
In which foreign investors are continuously investing their money. There was also a surge in the number of local investors during Covid. At present, more than 18.5 crore investors are investing locally. Which is a very big thing in itself. The stock market has also not disappointed investors at all. Between August 14, 2014, and August 14, 2024, Sensex and Nifty gave returns of more than 200 percent to investors. At the same time, Rs 354 lakh crore have been put into the pockets of investors. Let us try to understand from the data how the country’s stock market has progressed in the last 10 years.
How did the Sensex rise in the last 10 years?
- On August 14, 2014, the main BSE index, Sensex, was at 26,103.23 points.
- Which had reached 37,311.53 points by 2019-2014.
- In the first five years, Sensex has seen a rise of 11,208.3 points.
- This means that in the first five years Sensex has seen a rise of 42.94 per cent.
- The Sensex figure currently stands at 79,105.88 points.
- This means that in the second five years, the Sensex has seen a rise of 41,794.35 points.
- This means that in the second five-year tenure, Sensex has given a return of 112.01 per cent to investors.
- If we talk about the total for ten years, the Sensex has seen an increase of 53,002.65 points.
- This means that Sensex has seen a rise of 203.05 percent in 10 years.
read this too
How has Nifty grown in the last 10 years?
- On August 14, 2014, NSE’s main index, Nifty, was at 7,791.70 points.
- Which by 2019 had reached 11,029.40 points.
- In the first five years, Nifty has seen a rise of 3,237.7 points.
- This means that in the first five years, Nifty gave a return of 41.55 percent to investors.
- The Nifty figure currently stands at 24,143.75 points.
- This means that in the second five years, Nifty has seen a rise of 13,114.35 points.
- This means that in the second five-year term, Nifty has given a return of 118.90 per cent to investors.
- If we talk about the total ten years, Nifty saw an increase of 16,352.05 points.
- This means that Nifty has seen a rise of 210 percent in 10 years.
Investors’ pockets are so full
- The market capitalisation of BSE as on 14 August 2014 was Rs 90,25,264.20 crore.
- The market capitalization of BSE increased to Rs 1,40,56,878.33 crore on August 14, 2019.
- This means that in the first five years the market capitalisation of BSE increased by Rs 50,31,614.13 crore.
- The market capitalization of BSE reached Rs 4,44,29,443.69 crore on August 14, 2024.
- This means that in the second five years the market capitalisation of BSE has increased by Rs 3,03,72,565.36 crore.
- If we talk about 10 years, the market capitalization of BSE has increased by Rs 3,54,04,179.49 crore.
How was the stock market today?
If we talk about today, i.e. Wednesday, the stock market has risen after two days of declines. The main index of the Bombay Stock Exchange, Sensex, closed at 79,105.88 points with a gain of about 150 points. During the trading session, the Sensex reached the day’s high of 79,228.94 points. A day ago, Sensex closed at 78,956.03 points. A drop of about 700 points was observed.
On the other hand, a slight rise has also been seen in Nifty. The main index of the National Stock Exchange, Nifty closed at 24,143.75 points with an increase of 4.75 points. Nifty had touched 24,196.50 points during the trading session. However, today Nifty opened at 24,184.40 points. A day ago, a fall of more than 200 points was seen in Nifty.