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OMG! Virat Kohli’s earnings from social media will make you stunned

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The advent of social media has allowed fans to get closer to the sports they love and the athletes they follow and look up to. With cricket being the most popular sport in India, it comes as no surprise that the Indian cricketers are the most followed sportsmen in the country.

Virat Kohli is one of the most popular athletes around the world. He has over 15 million followers on Instagram alone. On the other hand, he has over 20 million followers on Twitter and over 36 million followers on Facebook.

Since players are busy with a lot of other things, they usually tend to appoint agencies to manage their social media account.

According to Forbes magazine, Virat is the most expensive Indian athlete and earns a whopping Rs. 3.2 crore per Instagram post.

Kohli was also named amongst the most marketable athletes, ahead of global superstar Lionel Messi.

Arguably one of the best batsmen of all time, Kohli has led India to a lot of success ever since taking over as the captain of the side.

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 According to reports, Kohli has earned 22 million dollars (141.3 million rupees) through brand endorsement contract, out of which he has earned 19 million dollars (Rs 122 crore) only and only in 2017 alone.
In the first six months of the year, Virat Kohli was the only Indian player in the list of 100 highest-paid athletes to be released by Forbes. Virat was on the 88th position in this list. Recently, Virat Kohli has reached the second place after Sachin Tendulkar in the 32nd ODI century, in the highest century. He also completed 9000 ODI runs against New Zealand in the same ODI series and became the fastest reaching player to this figure. Now he is going to reach 2000 runs in T20 cricket too.

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Nifty, Bank Nifty gain for 5th straight week

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The NSE Nifty along with the broader market gained for the fifth week in a row and even the Bank Nifty recorded gains for the fifth straight week — surpassing the 30,000-level.

Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services, said the RBI upgraded its GDP target to -7.5 per cent (-9.5 per cent earlier) for the current financial year and kept interest rates steady given the high inflation. The overall accommodative stance of the RBI to support economic growth boosted sentiments. Nifty Auto and Metal also posted best week since June 7.

The Indian equity market touched another new high, led by gains in banking stocks after RBI`s policy outcome. Nifty rallied 125 points (+1.0 per cent) to close at 13,259 while Sensex surged 447 points higher (+1.0 per cent) at 45,080.

The broader market also ended in green with both Nifty Midcap 100 and Nifty Smallcap 100 up +0.4 per cent each. All the sectors closed in green except energy which ended with marginal loss of -0.1 per cent. Banks were the biggest gainers, up 2.1 per cent, following positive commentaries from the RBI. It was followed by FMCG, financials, metals, pharma, realty and infra which were up in the range 1-1.4 per cent.

“On the domestic side, Nifty along with the broader market gained for the fifth week in a row. Even Bank Nifty recorded gains for the fifth straight week – surpassing the 30,000-level, after the RBI upgraded its GDP target to -7.5 per cent (-9.5 per cent earlier) for the current financial year and kept interest rates steady given the high inflation,” Khemka said.

Deepak Jasani, Head – Retail Research, HDFC Securities, said that Indian benchmark equity indices rallied and closed at another record high after the RBI kept rates on hold and did not announce steps to withdraw liquidity in the system. It raised the growth forecasts as well as inflation forecasts. At close, the Nifty was up 124.60 points or 0.95 per cent at 13,258.50. The Nifty rose for the fifth consecutive week, rising 2.23 per cent for the week.

Volumes on the NSE were higher than recent average. Among sectors, banks, metals, infra, realty, pharma and FMCG indices rose the most, while energy index ended in the negative.

“Nifty closed the week up for the fifth consecutive week. While the trigger of RBI policy is out of the way, markets globally now look forward to rising chances of an early US economic stimulus package. Post a good weekly close, we may see some more upside in the early part of next week,” Jasani said.

Vinod Nair, Head of Research at Geojit Financial Services, said that during the week, the markets have been testing new highs each day supported by better-than-expected GDP data, advancements in vaccine and RBI`s decision to keep its rates unchanged and maintain an accommodative stance. The banking and finance sector remained the focal point during the week due to major events like moratorium hearing, MPC meet and RBI`s curb on HDFC Bank.

The market has also witnessed a shift in investor preference to broader markets led by rally in mid and smallcap stocks.

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