look news india
From the fifth budget of Finance Minister Nirmala Sitharaman on February 1, 2023 to the presentation of the 2024 budget on July 23, 2024, the wealth of Indian investors has increased by Rs 174 lakh crore or $2.1 trillion.
During the same period, the Sensex has grown by 31 percent. While the Nifty has given a return of 39 percent. In comparison, the midcap index has grown by 92 percent and the smallcap index by 90 percent during this period. In the last 18 months, the sector has seen strong growth due to heavy buying by foreign investors and domestic investors. During this period, mutual funds (MFs) bought Rs 3.4 lakh crore in the equity market. While the net purchase of foreign investors stood at Rs 2.1 lakh crore.