New Delhi . Due to the rise in the stock markets due to buying at lower levels after the discussion of government formation by the NDA started, the total wealth of investors increased by Rs 13.22 lakh crore on Wednesday. After this increase, the market capitalization of all the companies listed on the BSE has again crossed Rs 400 lakh crore and reached Rs 408.06 lakh crore or $ 4.89 trillion.

The increase in the market capitalization of BSE has been due to buying in the shares of many big companies including HDFC Bank, ICICI Bank and Reliance Industries. 2,597 shares closed higher on BSE, while the shares of 1,221 companies closed lower. There was no change in 100 shares. Vivek Jalan, partner of Tax Connect Advisory Service, said that the country's economic foundation is strong and there is a significant increase in everything from tax collection to GDP growth rate. The huge fall in the market on Tuesday after the election results cannot last for long.

hen the market will react sharply

According to experts, if there is any obstacle in the formation of the government, the market will be affected again. Even if the government is formed under the new leadership, the market will definitely react sharply. In terms of value, the size of the Indian stock market has crossed five trillion dollars. Therefore, Indian politics is completely affecting the mood of foreign investors.

According to experts, Friday is the last day of the RBI's monetary policy review committee meeting and on this day all eyes will be on the governor's announcement. No change is expected in bank rates, but investors will be watching the RBI's response to the coalition government.

1,971 crore transactions took place on NSE

The National Stock Exchange on Wednesday created a world record by handling 1,971 transactions in a single day. NSE CEO Ashish Kumar Chauhan gave this information in an X post.

Silver price drops by Rs 1,200

Due to weak global signals, the price of silver fell by Rs 1,200 on Wednesday. According to HDFC Securities, now the price of silver in Delhi has come down to Rs 91,900 per kilogram. Similarly, the price of gold has come down by Rs 80 to Rs 72,820 per ten grams. HDFC Securities senior analyst Saumil Gandhi says that the price of gold and silver has come down globally due to the strength of the US dollar and technical selling pressure.