In the next 300 days, 16 crore people will earn 18 crores every minute, report from America
In the 40 days of the new year, BSE's market cap or investors' earnings of Rs. An increase of more than 22 lakh crores has been observed. The market cap of BSE on the last trading day of the last calendar year was Rs. 3,64,28,846.25 crores. Which has now increased to 3,86,36,302.43 crore rupees.
As India's economy is showing no signs of slowing down in the world. Similarly, the country's stock market is also running at the speed of a rocket. India's market has become everyone's favorite among the world's emerging markets. China's pride has been shattered. No one is willing to put money into the Chinese market. While Japan is doing better this year and may do better in the coming days, it is nowhere near India.
Now an American report has also accepted this fact. In fact, Morgan Stanley's Jonathan Garner has also admitted that the Indian stock market will cross the 86 thousand mark by the end of the year. This means that the Sensex may see an increase of 15 thousand points from the current level.
It means that in the next 300 days, about 16 crore investors in the stock market will earn about 18 crore rupees every minute. If Morgan Stanley's Garner is to be believed, the annual market cap of BSE is around Rs. An increase of 100 lakh crores will be seen. In the last 40 days, an increase of Rs 22 lakh crore has been seen from ordinary investors. So let's try to understand what kind of figures the stock market will see by the end of the year if Morgan Stanley's Jonathan Garner's statement is true.
Sensex will touch 86000 by the end of the year
Morgan Stanley's Jonathan Garner said India's economic figures have improved significantly. Economic growth is steadily increasing. The nominal GDP of the country has also seen an increase. Looking at the quarterly results of the companies, it seems that they are earning well and contributing to the economic development of the country. Capital investment, be it government or private, is continuously seen. Due to this, a good rise can be seen in the stock of the country.
Bombay Stock Exchange's main index Sensex may reach 86 thousand points. It means that the next 300 days can see an increase of 20 percent from the current level. This increase can be seen at a speed of 19 percent in the current year. Sensex has lost 0.90 percent in last 40 days.
Investor's earnings in last 40 days
40 days after the new year comes the statement of Morgan Stanley's Jonathan Garner. In these 40 days BSE's market cap or investors' earnings of Rs. An increase of more than 22 lakh crores has been observed. The market cap of BSE on the last trading day of the last calendar year was Rs. 3,64,28,846.25 crores. Which has now increased to 3,86,36,302.43 crore rupees. It means that during this period the earnings of the investors have increased by 22.07 lakh crore rupees.
Position for the next 300 days
Jonathan Garner said that the Sensex will touch 86000 points by the end of the year. It means that in the next 300 days the market cap of BSE will be Rs. 464 lakh crore will be crossed. If we compare the current figures, the market cap of BSE is Rs. 77,73,352.82 crores will increase. It means that for the next 300 days, about 16 crore investors of the country's stock market will earn 18 crore rupees every minute.
However, if we talk about the whole year, the market cap of BSE is Rs. An increase of 100 lakh crores can be seen. This kind of earnings from the stock market is not seen in any other market in Asia. Be it China or Japan. This time India will have to face direct competition from America on the stock market front.