Good Bye 2023: History created in Sensex, records will be remembered by all investors in 2023

While the world has been going through a period of uncertainty, and the year 2023 is leaving with many economic, geopolitical challenges, this year has turned out to be a historic high return year with many records for Indian investors. In stocks, on the one hand, companies have raised billions of rupees with the trend of IPOs in the primary market, on the other hand, new histories have been created due to massive capital inflows from domestic institutional investors and finally foreign portfolio investors in the secondary market. The Sensex hit a new all-time high of 71913.07 and the Nifty 50 spot index hit a new high of 21593.

A record wealth of Rs.77 lakh crore has been created in the year 2023 in the wealth of shareholders-investors in companies listed in the Indian stock markets. That is, the aggregate market capitalization of BSE listed companies which was Rs.282.38 lakh crore as on December 30, 2022 touched a new high of Rs.359.11 lakh crore with a record increase of Rs.76.73 lakh crore in one year with the historic peak of the market. has gone

In the year 2023, the Sensex has risen by 18.19 percent i.e. 11072.33 points and has created a new all-time record high of 71913.07. While Nifty 50 spot index has also created a new history of 21593 by giving a jump of 19.26 percent i.e. 3487.70 points. In the year 2023, small and mid cap stocks have been the center of attraction for investors. These small, mid-cap stocks have seen historic record highs that have given handsome returns to local funds, retail investors. BSE Mid Cap Index rose 44.11% or 11,168.66 points from 25,314.50 on December 30, 2022 to hit a new record high of 36,483.16 on December 20, 2023 as a result of mid cap stocks giving investors the highest returns in 2023. is While the BSE Small Cap Index has created a new record high of 42648.86 on December 20, 2023 by giving an all-time jump of 47.44 percent i.e. 13722.07 points.

A new low of Rs.83.40 in the rupee against the dollar

In the last year 2023, the currency market of the country has seen a significant surge. Market analysts said that the price of the rupee fell to a new low against the dollar at one point due to a significant fluctuation in the exchange rates of the rupee and the dollar. During the year in the Mumbai currency market, the price of the dollar against the rupee was observed to be low from 81.11 to 81.12, after the high price crossed Rs.83 to reach Rs.83.40, a new low level was seen in the rupee. As the global index of the dollar rose against various major currencies at the global level, its impact was seen on the domestic currency market. The global dollar index fell below the level of 100 at one point during the year to 99.78 to 99.79, but then this global dollar index rose again and crossed the level of 107 to reach the level of 107.09 to 107.09 in the currency markets of the country, following it on the rupee. The pressure was seen increasing. However, not only the Indian rupee but globally all Asian currencies were seen depreciating against the dollar during the year. At the end of the year, the global index of the dollar has been seen hitting between 102 and 103. In the year 2023 in America, the interest rate was gradually increased by the Federal Reserve to keep inflation under control, and due to this, the dollar price strengthened in the world market. However, the cycle of increase in interest rates in the United States has recently come under control due to the inflation in the United States, and the possibility of interest rates being reduced instead of increasing in the new year is being discussed, and due to this, the global dollar index will be under pressure in the coming months. . If this happens, there is hope that the rupee will rise again against the dollar at home for the new year. Meanwhile, in the currency market at home, there was also a discussion that the sale of dollars was increased by various government banks due to the so-called advice of the Reserve Bank. The International Monetary Fund also drew attention to this. According to the IMF, if Indian government banks had not intervened in the market, there was a possibility that the rupee would have fallen further against the dollar.

Record in Primary Market: 60 IPOs 2660 percent more investment than issue size

The calendar year saw a historic boom in the secondary market, along with a boom in the primary market. On the main board of stock markets, there has been a slight increase in the amount of money raised by companies through IPO compared to the year 2022, but in terms of numbers, more companies have brought IPO in the capital market. In the year 2023, a total of Rs.53016.18 crore has been raised through these 60 IPOs in the primary market. , but in this IPO, the demand of half... Rs.14,63,371 crore for the filling, that is, such a huge investment response from the investors was obtained. That is, against the size of these 60 IPOs of Rs.53016.18 crore, 2660 percent more investment response has been obtained. Against the total size of 60 IPOs of Rs.53016 crore, investors responded by investing 2660 percent more to Rs.14,63,371 crore.

In the calendar year 2023, 60 companies have come to the capital market with IPO. In the year 2022, 40 companies came with IPO. Thus, IPOs have increased in number, but the number of fund raising has decreased to Rs.53016 crores.

Comments

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

A new elan in the world of smuggling - Go Digital!

Detailed information about the descalant sulfamic acid