In Samvat 2078, the stock market index fell but the wealth of investors increased
Mumbai: The Indian stock market indices may have decreased in Samvat 2078, but the obtained statistics show that the wealth of investors has increased by Rs 11.30 lakh crore.
In the year ended Samvat 2078 for the stock market, Sensex fell 465 points to 59307.15 while Nifty closed down 253 points to 17576.30.
The market cap of stocks listed on BSE increased by Rs 11.30 lakh crore in one year to Rs 274.40 lakh crore.
Statistics show that Samvat 2078 has been a poor year for Indian markets in the last seven years. In Samvat 2077, Sensex saw a 38 percent increase.
However, compared to the global stock markets, the performance of the Indian stock markets is seen to be good in the year 2078.
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