Markets exit FY24 with smart returns; investors become richer by Rs 128.77 lakh cr

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Key Points

New Delhi, Mar 28 (PTI) Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings...

After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors...

Retail investors equity investments have increased dramatically in India during the last ten years, primarily through mutual funds, Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd, said...

In FY24, the Indian equity markets saw notable growth, with key indices like the BSE Sensex and sector-specific indices such as realty, power, capital goods, and auto posting substantial gains..

FY24 marked a period of significant expansion and prosperity for the Indian equity markets, showcasing resilience and attracting heightened investor interest amid a dynamic economic landscape, Suman Bannerjee, CIO of hedge fund Hedonova, said.. Reliance Industries is the most valued domestic firm by market valuation with a mcap of Rs 20,14,010.63 crore) in the top five order...

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