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Equity investors became richer by over Rs 10.43 lakh crore in the past five days, as markets continued their winning momentum helped by foreign fund inflows and stable global trends. The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6). This week, equity markets were closed on Tuesday (April 4) for "Mahavir Jayanti". Markets are closed on Friday on account of "Good Friday". Last week, stock markets were closed on Thursday for "Ram Navami". The 30-share BSE Sensex has jumped 2,219.25 points or 3.85 per cent in the past five trading sessions. According to market analysts the benchmark indices have rallied aided by improved overseas fund inflows and positive global cues. "The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in
In the broader market, the BSE midcap gauge jumped 2.42% and smallcap index climbed 1.49%
Sensex has jumped 3,082.04 points, or 5.57%, during these six sessions
Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days. "Indian markets witnessed a smart rally on the back of positive global cues and early arrival of monsoon giving hopes of slowdown in inflation. On the global front, European and Asian markets edged higher following US market rally on last Friday," said Siddhartha Khemka, Head - Retail Research at Motilal Oswal Financial Services Ltd. Among Sensex stocks, Titan rose the most by 4.94 per cent, followed by Mahindra & Mahindra that rallied 4.69 per cent, Infosys by 4.57 per cent, L&T by 3.77 per cent, Tech Mahindra by 3.59 per cent, HCL Technologies by 3.57 per cent,
Infosys topped the Sensex gainers' chart in Monday's session, spurting 3.76%, while HDFC Bank climbed 3.25% after the RBI on Saturday lifted all restrictions on the private sector lender
Market analysts termed 2020-21 a roller coaster ride for not only Indian markets but also for equity indices globally due to the pandemic
The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent
On Wednesday, the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points
Investors became richer by over Rs 2.60-lakh crore on Wednesday as equity markets witnessed sharp gains in extended trading sessions
This was the best Budget-day gain for the markets since 1997, analysts said
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit.
The 30-share BSE Sensex settled 917.07 points, or 2.30 per cent, higher at 40,789.38 on Tuesday. It hit an intra-day high of 40,818.94
Investor wealth soared by Rs 2.73 lakh crore on Tuesday in a buoyant equity market where the BSE benchmark zoomed 581.64 points helped by encouraging quarterly results and US-China trade deal optimism. The 30-share Sensex jumped 581.64 points to close at 39,831.84. During the day, it advanced 666.81 points to 39,917.01. The market capitalisation of BSE-listed firms soared Rs 2,73,355.21 crore to Rs 1,52,04,693.34 crore. "A strong momentum is seen in the market as healthy Q2 earnings from big corporate and attractive valuation for mid & small caps is providing a favourable risk-reward to investors. "The clouds over global market are gradually settling down with developments in trade deal and Brexit, while rate cut expectation from (US) FED will further add impetus to emerging markets like India," Vinod Nair, Head of Research, Geojit Financial Services Ltd said. According to Ajit Mishra, Vice President, Research, Religare Broking Ltd, "The markets in the near term are likely to be .
On Friday, the Sensex had logged its biggest single-day gain in over a decade by surging 1,921.15 points or 5.32 per cent to 38,014.62
The BSE mid-cap index ended higher by 0.76 per cent and small-cap index 0.56 per cent