Stock Market News: Indian stock markets gave great profits to investors in 2024. During this period, the BSE Sensex saw a gain of more than eight percent. Overall, the market capitalization of companies listed on the BSE increased by Rs 77.66 lakh crore to Rs 4,41,95,106.44 crore.
2024 market performance
This year, the BSE Sensex rose 5,898.75 points or 8.16 percent. The Sensex touched its highest level of 85,978.25 on September 27. After this, although there was some volatility in the market, the year ended with positive results.
Nifty also gave a great increase
Nifty also performed well this year. From January to September, Nifty kept rising continuously and reached a historical high of 26,277.35. Although there was some decline, Nifty still showed positive results for the ninth time this year.
Market fluctuations
The market witnessed many ups and downs in 2024. First, there was a boom due to reduction in inflation and reduction in interest rates. There was some decline in the market after the election results. There was instability after the end of 'Yen Carry Trade' in August, but after this the market again turned towards progress.
Role of foreign investors
Despite the selling by FII (Foreign Institutional Investors), domestic investors and retail investors supported the market. Despite the decline in the market in July and August, domestic institutional investors (DII) continued to support the market.
Increasing participation of retail investors
The participation of retail investors played an important role in the positive trend of the market in 2024. The strong presence of domestic investors kept the market stable and helped in dealing with the volatility.
Holistic Approach
Despite the volatility seen in the Indian stock market in 2024, investors got good returns. The combination of foreign and domestic investors, as well as strong participation from retail investors made this year profitable.
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