Goodbye 2024: Stock market gave bumper profit in 2024, investors gain so many lakh crores

Stock Market: The Nifty continued to climb from January to September and reached a record high of 26,277.35. After some decline, the year ended with a steady increase.

Share Market in 2024: The year 2025 has started with the morning of January 1. What did you lose in the old year 2024, what did you gain? You should know the account of this. Similarly, if we talk about the stock market, the Indian stock market, which has been going through a period of ups and downs for some time, has given great returns to investors. During the full year in 2024, investors' wealth increased by more than Rs 77.66 lakh crore. During this period, the BSE Sensex climbed more than eight percent. Experts said that this year saw a tug of war between the bulls and bears with ups and downs.

Nifty gains 100 points for the ninth year in a row

Amid the ongoing uncertainty worldwide, Indian markets gave spectacular returns to investors. Prashant Tapase, Senior Vice President (R&R), Mehta Equities Limited, said, "The year 2024 has been challenging but beneficial for the markets. From January to September, the Nifty continued to climb and reached a record high of 26,277.35. After some decline, the year ended with a steady increase. Despite FII sell-offs, the Nifty has hit a positive level for the ninth consecutive year," the 30-share BSE Sensex has surged 5,898.75 points this year.

Sensex hits record high of 85,978 in September In the year 2024, the Sensex reached its all-time high of 85,978.25 on 27 September.

The market capitalization of listed companies on the BSE increased by Rs 77,66,260.19 crore in 2024 to Rs 4,41,95,106.44 crore. For the first time on April 8 this year, the market cap of listed companies on BSE reached the level of 400 lakh crore. Amneesh Agarwal, director (r&rc), PL Capital – Prabhudas Lilladher, said, "The beginning of the year saw a rise in inflation, interest rate cuts and a strong rise in the BJP's hopes of winning again. In such a situation, the Sensex reached a record level. The market saw a decline for some time due to the BJP not getting an absolute majority in the election results.

He said the yen carry trade was abolished in August, which led to a period of volatility. Despite these setbacks, the market reached a record level in September. Agarwal said that after this, FII selling was sharply due to global uncertainties and rising inflation after the US presidential election. In October, the BSE Sensex fell 4,910.72 points. Palak Arora Chopra, director, Master Capital Services Ltd, said that Foreign Institutional Investors (FIIs) are booking profits due to high valuations, while domestic institutional investors (DIIs) have been consistently supporting the market.