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Dalal Street investors became richer by Rs 21 lakh crore in two days of a sharp rally in the stock market, where the BSE benchmark surged over 4 per cent. The 30-share BSE Sensex jumped 692.27 points or 0.93 per cent to settle at 75,074.51 on Thursday. In intra-day trade, the benchmark soared 915.49 points or 1.23 per cent to 75,297.73. In two days, the BSE benchmark surged 2,995.46 points or 4.15 per cent after Tuesday's massive rout. Thanks to the optimistic trend in equities, the market capitalisation of BSE-listed companies climbed Rs 21,05,298.11 crore to Rs 4,15,89,003.38 crore (USD 4.98 trillion) in two days. "With the poll-related uncertainty now almost over and the NDA ready to form the government, the mood remained upbeat for the second straight session as Sensex crossed the psychological 75k mark on the back of a splendid all-round buying support. "With the buoyancy returning to the market, the fear gauge volatility index also eased considerably and fell 11 per cent," s
Investors' wealth jumped Rs 12.48 lakh crore in morning trade on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. Following the huge rally in equities, the market capitalisation of BSE-listed companies climbed Rs 12,48,952.68 crore to hit an all-time peak of Rs 4,24,61,833.82 crore (USD 5.10 trillion) during the morning trade. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the BJP-led NDA expected to win a big majority in the Lok Sabha polls. The counting of votes will take place on June 4. "The exit poll numbers are very strong for the incumbent government," Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said. Overall it's positive for the .
Investors turned wealthier by Rs 2.17 lakh crore on Wednesday, as benchmark indices raced to scale new peaks, lifted by gains in blue chip stocks on the back of strong institutional inflows. Benchmark sensitive indices Sensex and Nifty touched record highs in initial trade on Wednesday, with Nifty nearing the psychologically-important level of 21,000. The 30-share BSE Sensex jumped 303.25 points, or 0.44 per cent, to a new record high of 69,599.39 in the morning trade. The broader index Nifty also climbed 100.05 points, or 0.48 per cent to hit its fresh lifetime high of 20,955.15. The market rally added Rs 2.17 lakh crore wealth to investors' kitty. The market capitalisation of BSE-listed companies surged to Rs 348.64 lakh crore in initial deals on Wednesday, from Rs 346.47 lakh crore in the previous trading session. Analysts said foreign institutional investors have reversed their selling strategy and have been consistent buyers during the last seven days. This momentum is a ...
One of the big challenges the authority currently faces is the lack of manpower which often slows down its grievance redressal mechanism
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
The collapse began earlier this month when Binance CEO Changpeng Zhao announced his exchange was liquidating all FTX tokens
Improvement in interest income and margins crucial for investor sentiment to revive
In the broader market, the BSE midcap gauge jumped 2.42% and smallcap index climbed 1.49%
On Wednesday, Sensex reclaimed the 60,000-level after a gap of over four months
Investors have become poorer by over Rs 8 lakh crore in five days of market fall, with equity indices weighed by widespread selling amid bearish global cues. Falling for the fifth straight session, the Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 on Tuesday. In the past five trading sessions, the Sensex has tumbled 2,984.03 points or 5.01 per cent. Tracking the weakness in equities, the market capitalisation of BSE-listed firms tumbled by Rs 8,08,067.6 crore in five days to stand at Rs 2,66,02,728.45 crore. Unabated foreign fund outflows, inflationary concerns and geopolitical worries have made investors nervous. Commenting on Tuesday's market trend, Rahul Sharma, Research Head, Equity 99 said, "We witnessed mayhem in markets in last 30 minutes. Benchmark indices corrected almost 1.5 per cent today due to weak global clues. Things seems to be worsening between Russia and Ukraine in the current war." Siddhartha Khemka, Head - Retail Research, Motilal Oswal ...
Investors' wealth tumbled over Rs 2.58 lakh crore on Monday as equity markets suffered a heavy sell-off, with the Sensex plunging 2 per cent
As per the BSE data, as many as 179 stocks touched their 52-week highs
In morning trade, a total of 25 Sensex constituents were in the green
Investors' wealth tumbled over 5.91 lakh crore in morning trade on Monday tracking heavy decline in equities amid intensifying conflict between Russia and Ukraine. Continuing its decline for the fourth day on Monday, the BSE gauge plummeted 1,735.98 points or 3.19 per cent to 52,597.83, tracking weak global equities and elevated crude oil prices. In tandem with the heavy plunge in equities, the market capitalisation of BSE-listed companies plunged by Rs 5,91,094.71 crore to Rs 2,40,88,326.67 crore in morning deals. Maruti Suzuki India, Indusind Bank, State Bank of India and Axis Bank emerged as the biggest drag from the 30-share BSE Sensex pack, tanking up to 6.72 per cent. "The extraordinary uncertainty triggered by the war has pushed commodity markets into turmoil. Crude at USD 128 is a big shock. This can impact global growth and aggravate inflationary pressures. Market is slipping into bearish territory," according to V K Vijayakumar, Chief Investment Strategist at Geojit ...
Investors' wealth on Monday gained over Rs 3.33 trillion as markets witnessed heavy buying a day ahead of the Union Budget, with the 30-share BSE benchmark rallying about 814 points.
Investors' wealth on Tuesday tumbled by more than Rs 3.78 lakh crore as equities faced heavy selling pressure following weak global trends.
On Tuesday, NTPC was the lead gainer in the 30-stock Sensex pack
Bajaj FinServ emerged as the biggest gainer among the 30-share frontline companies pack, followed by Bajaj Finance, ICICI Bank, Tata Steel and IndusInd Bank
Shares of Welspun India rose from Rs 68 at the start of the year to Rs 142 at Wednesday's close