Stocks give memorable parting gift in 2021
New Delhi, December 31
Equity investors reaped handsome rewards in 2021 as their wealth grew nearly Rs 78 lakh crore by dint of impressive market rallies despite pandemic shocks.
In what turned out to be a historic year, the Indian stock indices went past multiple milestones and as the curtains came down on the last trading day of 2021, the 30-share Sensex made an annual gain of 10,502.49 points or 21.99%.
The Sensex soared past the momentous 50,000 and 62,000 levels this year as it sustained the momentum after the pandemic-triggered crash in March 2020.
During the entire 2021, the key index made monthly gains in nine and closed with losses in only three months of the year.
August turned out to be the most fruitful as the benchmark recorded mammoth gains, jumping 4,965.55 points or 9.44%. The index reached its all-time high of 62,245.43 on October 19.
The market capitalisation of BSE-listed companies zoomed by a massive Rs 77,96,692.95 crore to reach Rs 2,66,00,211.55 crore this year. Market capitalisation, which indicates the notional wealth of investors, touched a record high of Rs 2,74,69,606.93 crore on October 18. — PTI
Multiple milestones achieved
- Stock indices went past multiple milestones and as the curtains came down on the last trading day of 2021, the Sensex made an annual gain of 21.99%
- The Sensex breached 50,000 and 62,000 levels after the pandemic-triggered crash in March 2020
