Share Market Update: On Wednesday, there will be no business in the stock market regarding the festival of Dussehra. Markets will remain closed due to holiday. But the investors’ lottery came out on the last day of Navratri. Due to the spectacular boom in the market, there has been an increase of Rs 6 lakh crore in the wealth of the investors.
Sensex closed with a jump of 1277 points and Nifty by 387 points due to the rise in the stock markets of US and other countries around the world. So there has been a tremendous increase in the wealth of investors. The market capitalization of shares listed on BSE has increased by Rs 5.57 lakh crore to 273.84 lakh crore. On Monday, the market cap had come down to Rs 268.26 lakh crore.
After Monday, there is a huge rise in the US stock market on Tuesday as well. Nasdaq is trading with a gain of 3.06 percent. Earlier on Monday also, the US stock market closed with a huge boom. The effect of which has been seen on the Indian markets.
Despite the fall in the Indian markets on the first day of October, foreign investors have bought stocks worth Rs 590 crore. It is believed that even on Tuesday, the process of buying by foreign investors has continued.