The stock market rally in April saw investors adding Rs 5.30 lakh crore to their wealth in a single month, nearly half of Rs 11.76 lakh crore accumulated by them since October last year, when the Sensex had plummeted below the 8,000-level.
The total investors wealth, measured in terms of combined market capitalisation of all the listed companies, has increased by over Rs 11,76,722 crore in the past six months to Rs 35,86,977.71 crore at the end of last week.
Interestingly, the sharp gain in April added a whopping over Rs 5,30,903 crore to the total investors wealth, regaining a large part of the lost ground during the meltdown.
The total market capitalisation stood at Rs 24,10,256 crore on October 27, when the benchmark Sensex had dropped to a 52-week low at 7,697 points.
The 30-share Sensex has touched a six month high of 11,403.25 points last week, gaining 3,786 points from the October lows.
Since the beginning of 2009, the benchmark 30-share index Sensex has made gradual recovery and the sharp surge last week has led the index to cross the 11,000 level again.
The BSE benchmark Sensex has gained 1,694 points or over 17 per cent in April, the highest monthly gain in a decade, following a bullish phase in the domestic market.
In April alone, investors' kitty swelled by Rs 5.30 lakh crore from Rs 30,56,075.17 crore at the end of March.
Further, the 30-Sensex companies, which account for over 47 per cent of the total marketcap of all the companies, saw their combined market valuation rise by nearly Rs 5.69 crore in the past six months.
The collective market-cap of 30 Sensex scrips on Wednesday stood at Rs 17,49,781.02 crore, against Rs 11,81,098.35 crore on October 2008 -- representing a gain of over Rs 5,68,682.67 crore for the shareholders in these companies.
At the end of trade last week, RIL remained India's most valued firm with a market cap of Rs 2.83 lakh crore, followed by ONGC (Rs 1.85 lakh crore), NTPC (Rs 1.56 lakh crore), Bharti Airtel (Rs 1.42 lakh crore) and Infosys Technologies (Rs 86,341 crore).
