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Capitalisation

Investors' wealth surged Rs 3.29 lakh crore on Wednesday, driven by a robust rally in the equity markets. The 30-share BSE Sensex jumped 742.06 points or 1.14 per cent to settle at 65,675.93. During the day, it zoomed 813.78 points or 1.25 per cent to 65,747.65. The market capitalisation of BSE-listed firms rallied Rs 3,29,520.27 crore to reach Rs 3,25,40,108.97 crore. "The market's strong gap-up jump in response to positive global cues on account of the softer than anticipated US and UK inflation data highlights the optimism for an end to the interest rate cycle, as evidenced by the ease in bond yields. "This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood," said Vinod Nair, Head of Research at Geojit Financial Services. Among the Sensex firms, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Service

Updated On: 15 Nov 2023 | 6:44 PM IST

The low valuations of state-run banks also make it difficult for them to tap the market

Updated On: 12 Jan 2021 | 12:14 AM IST

The solution offered by the central bank is to kick start the capex cycle.

Updated On: 28 Jan 2020 | 11:59 PM IST

For the past week, the Sensex rallied 709.60 points, or 2.61%

Updated On: 17 Jul 2016 | 11:43 AM IST