Stock Market: FY (FY) 2020-21 With many developments, the market continued to be encouraging

Stock Market: FY (FY) 2020-21 With many developments, the market continued to be encouraging

The new financial year (2021-22) will start on April 1, 2021. This year has been a big development for the stock market. In March 2020, the coronavirus epidemic broke out in India. The stock market was not untouched by the coronavirus either. Because of this, the internal market fluctuates across the financial market. April was the first month of the 2020-21 fiscal year for the domestic stock market amid the epidemic and lockdown. In 18 years, the April series was the best for the market.

The first month of the 2020-21 fiscal year was great for the market

In April 2020, the Nifty rose 19 percent. Speaking of the Sensex, two big events happened when the market jumped two higher. April The stock market made history with a huge leap. The Sensex gained 2476.26 points in one day. April The Sensex closed at 30,067.21 after this historic gain. Earlier on September 20, 2019, the Sensex jumped 2280 points. Then, on the last day of April 30, the Sensex closed at 997 points. The Nifty also reached close to 8,800. With the lifting of restrictions like in the country and the return of the situation to normalcy, the sentiments of investors are strengthened and the market is booming. In October 2020, the Sensex crossed 40,000. In March 2021, the market fell for several days. Today, on the last day of the 2020-21 fiscal year, the domestic market is closed in red.

Investors earned Rs 19.06 lakh crore in April

Speaking of investor earnings throughout April, despite uninterrupted fluctuations, investors have benefited a total of Rs 19.06 lakh crore in the first month of the new financial year. The market capitalization of BSE on April 1 was Rs 1,10,28,123.54 crore, which rose to Rs 1,29,34,402.91 in one month.

40 thousand to 52 thousand travel …

On October 8, the Sensex crossed 40,000 and reached 40,182.

After that, on November 5, the Sensex closed at 41,340.

On November 10, the index stood at 43,227 intraday.

On November 18, it reached the level of 44180.

On December 4, it closed at 45079, exceeding the number 45000.

On December 11, the Sensex closed at 46099 above 4660.

On December 28, the Sensex jumped to 47353.

On January 4, the Sensex set a new record and closed at 48176.80 for the first time, rising from 48000.

On January 11, the BSE Sensex closed at an all-time high of 49269.32.

The domestic stock market opened at its highest level on January 21. The Sensex opened above 50 thousand for the first time, gaining 223.17 points to 50,015.29. During this period, the Nifty’s record was at 14,707.70.

During the trading session on February 5, the Sensex crossed 51,000 for the first time and the Nifty reached 15,000 for the first time. This is the interstate level of the Sensex-Nifty. It finally closed at 50731.63 and 14,924.25, respectively.

On February 15, the Sensex closed at 52154.13 for the first time out of 52 thousand. The Nifty closed at 15314.70 with a gain of 151.40 points.

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