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The biggest boom in the stock market after 24 years in the last financial year, the Sensex rose 68 percent

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The biggest boom in the stock market after 24 years in the last financial year, the Sensex rose 68 percent 1

new Delhi. The Indian stock market has witnessed the biggest boom in FY 2021 after FY 1997. The BSE Sensex has seen a jump of 20,040.66 points and the Nifty 50 by 6,092.95 points. The special thing is that except for a few stocks in this financial year, returns have been seen in all. At the same time, all indexes have seen a boom. Rajneesh Khosla, a stock market expert, says that he has seen the biggest boom in the stock market since 1992 and 1997. He told that after the pandemic when the stock market definitely breaks its record of alltime highs. After that there is a round of consolidation in the market. It will be seen there in the month of April. Let us also tell you how the market performance has been seen in the 2020 fiscal year.

Sensex rises 68%
The BSE Sensex rose 68.01 percent in FY 2021. All 30 stocks saw positive returns on a year-on-year basis, ranging between 5-179 percent. Mahindra & Mahindra (up to 178.98 per cent), IndusInd Bank (171.68 per cent), Bajaj Finance (132.35 per cent), HCL Technologies (125.17 per cent), Infosys (up to 113.61 per cent), Bajaj Finserv (110.64 per cent) and UltraTech Cement (107.03 per cent). Was seen

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51 percent rise in Nifty
The Nifty rose by 51 percent in FY 2021. During this period, only one share gave negative returns. Tata Motors, the biggest gainer, rose 324.77 percent and four other stocks including Hindalco Industries, JSW Steel, Grasim Industries and Tata Steel rose more than 200 percent. Ten stocks, including Adani Ports, Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, HCL Technologies, Tata Consumer Products, Infosys, Bajaj Finserv, Wipro and Ultratech Cement, each rose over 100 percent each. The Nifty Bank index jumped 74 percent during the last financial year and all index stocks ended in green. IndusInd Bank, IDFC First Bank and AU Small Finance Bank each saw growth of over 100 per cent.

Midcap and Smallcap shares surge
The BSE Midcap index rose more than 90 percent in the last financial year. Adani Enterprises, Adani Green Energy, Adani Transmission, Jindal Steel & Power, Cholamandalam Investment, Steel Authority of India, Tata Power Company and Adani Power topped the round with 206-649 per cent growth. Also 26 midcap stocks rose 100–197 percent. The BSE SmallCap index rose 115 percent in FY 2021 due to a spurt in stocks such as Tanla Platform, Intelligent Design Arena, Subex and Adani Total Gas. Talking about the BSE sectoral index, the S&P BSE Metal Index rose the most by 151 percent. Other index stocks rose between 69 and 318 percent.

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Auto and IT companies boom
The S&P BSE Auto (107 per cent) was the top performer, with all stocks giving positive returns in other key sectors contributing to the Sensex rally. Tata Motors (325 per cent) and Motherson Sumi Systems (230 per cent) were the biggest gainers after Mahindra & Mahindra, Ashok Leyland and Balakrishna Industries, with growth ranging between 113-179 per cent. The S&P BSE Information Technology Index grew by more than 106 percent due to the Tanala Platform, Intelligent Design Arena, Subex, Ramco Systems, Mastek, 3i Infotech and KPIT Technologies. These stocks witnessed a growth of 400–1583 per cent during FY 2021. The S&P BSE Realty Index jumped 97 percent. Sobha, Mahindra Lifespace Developers, Godrej Properties, Brigade Enterprises and DLF were the highest gainers at 108.822 per cent.

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