Investors richer by Rs 8 lakh crore in 3 days; mcap of BSE firms jumps to record high of Rs 357.87 lakh crore

Posted on:
Key Points

New Delhi, Dec 15 (PTI) Equity investors became richer by Rs 8.11 lakh crore in three days of market rally that saw the benchmark Sensex breaching the 71,000-mark for the first time on Friday...

The US Federal Reserve keeping its key interest rate unchanged and signalling rate cuts next year, along with continuous foreign fund inflows into the equity markets, have fuelled the rally in stocks...

Rallying for the third day running, the 30-share BSE Sensex jumped 969.55 points or 1.37 per cent to settle at its new all-time high of 71,483.75 points..

Political stability and hopes of continuation of reforms going ahead coupled with US Feds dovish stance on rates, falling bond yields and sliding crude oil prices has improved the sentiment, Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, said...

Sensex surged past the 70,000 level for the first time in early trade on Monday.. Sensex hitting 71,000-mark highlights a significant milestone for the Indian stock market, reflecting the nations economic progress and growing investor confidence, Suman Bannerjee, CIO of hedge fund Hedonova, said.. HCL Technologies emerged as the biggest gainer in the Sensex pack, climbing 5.58 per cent, followed by Tata Consultancy Services, Infosys, State Bank of India, Tata Steel, NTPC, Tech Mahindra and Wipro...

You might be interested in

Mkt capitalisation of BSE-listed firms jumps to record high of Rs 355 lakh cr; investors richer by Rs 3.83 lakh cr

14, Dec, 23

New Delhi, Dec 14 (PTI) The market capitalisation of BSE-listed companies surged to an all-time high of Rs 355 lakh crore on Thursday, with investors becoming richer by Rs 3.83 lakh crore as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal […]

Stock markets rise for 3rd session; Sensex gains 169 points

26, Apr, 23

India Business News: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index major IndusInd Bank, N

Mcap of BSE-listed firms hit all-time high of Rs 292.78 lakh crore as stocks rally

16, Jun, 23

India Business News: NEW DELHI: The market capitalisation of BSE-listed firms reached an all-time high of Rs 292.

Investors' wealth plunges Rs 10.42 lakh crore in 7 trading sessions

27, Feb, 23

Markets News: Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the benchmark Sen

Sensex, Nifty scale fresh record highs, rise for 4th day in a row

04, Mar, 24

The 30-share BSE Sensex climbed 66.14 points to settle at an all-time high of 73,872.29. Benchmark equity indices Sensex and Nifty closed at new record levels...

Investors become richer by over Rs 12.56 lakh crore in 7 days of market rally

11, Apr, 23

India Business News: NEW DELHI: Equity investors became richer by over Rs 12.

Equity investors become richer by Rs 3.43 lakh crore in two days of market rally

28, Jun, 23

Equity investors in India gained Rs 3.43 lakh crore ($46.2 billion) in just two days as the benchmark Sensex index reached a record high of 64,050.44 points. The market capitalisation of BSE-listed firms increased by Rs 3,43,718.15 crore ($46.3 billion) to reach Rs 2,94,11,131.69 crore ($3.97 trillion). Factors driving the rally include strong institutional flows, positive macroeconomic indicators, and robust earnings growth. In addition, domestic and foreign investors have been turning positive on risk assets due to falling inflation and expectations of an end to interest rate hikes.

Stock markets snap two-day winning run on weak global trends

11, Mar, 24

Power Grid, Tata Steel, HDFC Bank, State Bank of India, IndusInd Bank, Hindustan Unilever and NTPC among major laggards. Stock market benchmark Sensex declined...

Sensex rises 123 points, Nifty closes above 18,600 in 4th straight day of gains

30, May, 23

Benchmark BSE Sensex rose by 123 points while Nifty closed above the 18,600 level in their fourth straight day of gains on May 30 helped by FII inflows and firm Asian markets.

Sensex, Nifty rise sharply; Adani stocks rebound

31, Mar, 23

India Business News: Among the Sensex firms, Reliance Industries emerged as the biggest gainer as it jumped over 3 per cent. HCL Technologies, ICICI Bank, Nestle, Tech Mah