YES .... bullish undercurrent

- Reliance and Adani Group tops list of richest people in eight months of 2021 ...

In the first eight months of 2021, about 50 per cent of the wealth generated by the Bombay Stock Exchange boom has been shared between the top two industrial houses and six other industry giants.

While the people are eagerly awaiting the rains, India's economy is booming. In India, the rise in the Sensex has led to an increase in the wealth of every company and a blush on the cheeks of small investors. With 14 Unicorn startups (over કરોડ 1 billion invested) startups in India and a builddesk sold for 2.5 billion last week, it looks like India is on the rise. The reverse trend is similar to the bill desk sold. The Indian company has been bought by a foreign company. The biggest question plaguing India is the rise in unemployment and inflation, while the rise in the Sensex is feeling like a cold wave. Exports have also increased as India's forex is at a height. India can benefit when the Chinese authorities are strangling their reputed companies. Two days ago, when the Chinese government announced plans to acquire its top company, Didi, the world's investors are likely to flock to India. Investors are not ready to go to China, which is notorious for supporting the Taliban. All eyes are on how India is taking advantage of this situation.

Even though social life has been under the threat of Corona for eight months till 2021, it can be said that it has been a positive period for the top corporate houses of the country. It can be said that silver has rained down on corporate houses amidst the implicit flutter of the corona on one side and the rainstorm on the other.

Gautam Adani's Adani Group tops the list of the richest people in the eight months of 2021. While Mukesh Ambani's Reliance Group, the country's largest group, comes second. Even though Adani Group is at the top in terms of wealth creation figures, Mukesh Ambani's Reliance Group is at the forefront of the competition for new companies and new sectors. The Reliance Group has either acquired a new company every day or made deals that put its competitors to sleep. So Reliance Industries can be put in the top. The pride for these two giants is that they are both Gujaratis. In the first eight months of 2021, about 50 per cent of the wealth generated by the Bombay Stock Exchange boom has been distributed among the top two industrial houses and six other industry giants. Among these six industrial houses are Tata, Aditya Birla, Mahendra, Om Prakash Jindal. Bajaj, Ajay Piramal.

They are calculated here keeping in view the Sensex, market capitalization data etc. The assets of local investors are also taken into consideration. Which is based on the market cap of BSE. In the first six months of 2021, that is, by August 31, the market cap had risen to Rs 20 lakh crore. That compares to Rs 12 crore on December 31, 2020. If we look at it in terms of value, the total wealth has risen to Rs 3 lakh crore. Out of that, the eight corporates mentioned above have got Rs 12.5 crore. As a percentage, that amount is 50%.

The market cap of the eight corporate houses shown here has increased by 3%. Excluding Reliance Group, the market cap of the remaining seven business houses has increased by 8% in the first eight months of 2021. The combined market cap of shares of six Adani Group companies rose 103 per cent to 2,8,08. At the end of December 2020, it was at a cap of 2,3,08. Adani Power has given investors a 3% return.

The combined market cap of the nine Bajaj Group companies rose 2.7 per cent to Rs 2.09 lakh crore. Bajaj Finance and Bajaj Finserv, two value shares of the Bajaj Group, returned 3 per cent and 5 per cent, respectively. Among other stocks, Mukund and Bajaj Electricals have also doubled their returns to investors.

Three stocks of Aditya Birla Group have also given good returns. Such as Hindalco (3%), Grasim (up to 3%), Ultratech Cement (up to 3%).

Shares of nine Tata Group companies also shone in the first eight months of 2021. The group has generated a value of Rs 2.15 lakh crore. It has given investors a return of 7.5 per cent. Seven of these stocks have returned 100 to 15 per cent. These include Tata Tele Services (up to 5 per cent), Nelka (up to 121 per cent), Tata Alexi (up to 150 per cent), Tata Steel BSL (up to 15 per cent), Tata Steel (up to 15 per cent) and others. Dalal Street's most valuable stock, TCS, has jumped 3% in market value.

Reliance Industries has given a return of 12.5 per cent. It is also an important share of Dalal Street. The market cap of OP Jindal Group has risen by 3% to 12 shares, reaching Rs 2,9,017 crore. Earlier, it was Rs 1,3,8 crore. Among the Jindal Group's shares, JSW Energy rose 5 per cent and JSW Steel rose 3 per cent. Shalimar Paints was the biggest loser among the 12 stocks in the group. As far as the Mahendra Group is concerned, its shares have risen 4.5 per cent.

Four Piramal Group stocks have risen 5%. Its reputed company Piramal Enterprise has paid Rs. These figures show that silver is raining down on these houses.