Emerging from Corona is going to be a full year. At the time of the onset of this epidemic, there was a huge decline in the stock markets of the country. After that there was a good growth too Consider the situation of 19 March from the low of 24 March 2020. The BSE Sensex has gained 89%.
Analysis of elders shows that the market cap of BSC has increased by 101 points to 57 lakh crores in the last year. On 23 March 2020, the market cap of BSC was on 101.87 lakh crores rs. It increased to reach 203.44 lakh crore by 19 March. However, out of every four stocks gaining in this period of last 1 year, there is one such stock which is running below the level of 14 January 2020.
Highest growth in IT and Healthcare index
Among them, 132% and 85% rise respectively from the low of March 2020. From the level of 14 January 2020, the IT index has risen by 61%. These include names like Ram's system l & t Infotech Mind Tree.
TOP GAINER
SHARES 19 march 2021 - 23 mach 2020 differece
Tanla Platform, 872 2080.9%
DG Spice Tech 59 1422%
Intellect Design 674 1285.5%
JK Enterprise 33 1196%
Subex Ltd 36 1086.9%
TOP LOOSER
SHARES 19 march 2021 - 23 mach 2020 differece
Yes Bank 15 -62.4%
Future lifestlye 65 -61.5%
Omaxe 69 -55%
Future retail 56 -47%
JE Power 269 -45%
Five major reasons for the stock market boom
1. The market was confident that the country's economy would withstand the impact of Corona and a sharp recovery from the fall.
2. Companies' financial results were better quarter-on-quarter
3. These results created excitement among the investors.
4. Opened more than one crore demat accounts in the last 1 year, due to large amount of cash through them, support was received
5. India got the benefit of crude oil prices in the beginning months of the epidemic in the country.
