VAYU NETWORK

share

Small and medium shares made huge profits in 2023.

Small and medium shares made huge profits in 2023.

This year 45.20% or 13,074 points increase in small caps. The mid-cap index gained 41.74% till December 22. BSE Sensex is up 16.87% so far in 2023. Domestic equity markets have emerged as the preferred choice for small-cap investors during 2023 due to strong macroeconomic fundamentals.

So overall this year was good for equity. The Investors booked their profit by small share in 2023. Accordint to data, this year 45.20% or 13,074 points increase in small caps. And the mid-cap index gained 41.74% or 10,568.22 till December 22. While in the comparison of this the main index sensex of BSE increase 10,266.22 points or 16.87% in 2023. BSE’s smallcap index reached its all-time high this year, which was 42,648.86 points and the same day Mid cap index 36,483.16 points and Sensex 71,913.7 gain their all time heigh.
Companies are classified into small, mid and large cap indices according to market capitalization.

Read more articles – Miranda cohen american fitness influencer and youtuber

Classification of companies

Companies whose capital is less than Rs 5000 crore are small cap, and mid cap are those companies whose capital ranges from Rs 5000 to Rs 20,000 crore while large cap are those companies whose capital is more than Rs 20,000 crore. Analysts say small stocks are generally bought by local investors while foreign investors invest in blue chip or large cap stocks.

What are the main reasons for the share market rise?

1-The number of retail investors has increased in the equity market.
2-GDP grew 7.6% more than expected in the September quarter.
3-There has been considerable foreign investment in equity markets during 2023.
4-There are signs of political stability after the 2024 Lok Sabha elections.

There was highest groth in BSE (share market) in 2022.

During the entire calendar year 2022, the BSE Midcap Index had increased by 344.42 or 1.37%, Whereas the Small Cap Index declined by 530.97 i.e. 1.80%.
Last year, the BSE index Sensex had the highest increase of 2,586.92 points or 4.44%.

Follow us on instagram to know the information of the news through pictures and video – click here Vayu Network

Read more articles – Miranda cohen american fitness influencer and youtuber

Leave a Reply

Your email address will not be published. Required fields are marked *