Sensex gained 22% in 2021 until it ended more than 58 thousand – News2IN
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Sensex gained 22% in 2021 until it ended more than 58 thousand

Sensex gained 22% in 2021 until it ended more than 58 thousand
Written by news2in

Mumbai: Year 2021 will be remembered, mostly, like when the sensex scale is newly high regularly.
But it will also bring it to difficult times when bull rally fails because inflation rises in most major economies, encourages several central banks to stop the flow of money by slowing their bond purchasing program.
Sensex scale 50k signs for the first time in January and Rose continued to break through the 60k mark this year as a leading dependency and software and financial stock industry.
Starting from 47,751 points, and despite the weaknesses seen in the last two months of this year, Sensex ended 2021 at 58,254 points, up 22%, while Nifty at NSE rose 24% from 13,982 to 17,354.
Rally made investors richer around RS 81 lakh crore with the capitalization of the BSE market closing this year at Rs 269 Lakh Crore.
HDFC Securities MD & CEO Dhiraj Relli said the Cap-to-GDP market ratio touched all times globally and in India because of the large liquidity flow, low interest rates, initial return expectations to other asset classes.
Among the various things, bull rally in the Indian market leads to the emergence of consumer companies driven by technology in the public market through the IPO route.
The Zomato Food Delivery Application is the first main one to show the path, which is quickly followed by Nykaa Online Cosmetic Retailers, Financial Product Retailers Policy Engineering and Paytm Digital Payments.
While Zomato and Nykaa had a D-Street Blockbuster debut, Polikebazaar struggled and Paytm left many more poor investors.
Rally without stopping in Dstreet also gave birth to a virtual race between Mukesh Ambani, Head of Ril, and Gautam Adani, Head of Adani Group, for the richest crown in Asia.
A strong stock market for most of 2021 also attracts retail investors to open a Demat account in the note number and start trading.
Rally also encouraged investors who reject the risk of taking a mutual fund route with the final assets of November under the management at RS 37.
3 Lakh Crore and monthly stands only on the 11,000-crore RS sign, AMFI data shows.

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