Business Standard

Bull run 2009: Just Rs 60K cr for small investors

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Press Trust of India Mumbai

Bulls may have been charging full throttle on Dalal Street during 2009, but when it comes to sharing the bounty, small retail investors could get only a small pie of less than Rs 60,000 crore in the entire year that saw the total investor wealth exceeding Rs 60,00,000 crore.

In comparison, the promoters cornered more than half of the total gain of Rs 31,00,000 crore -- as the value of their shareholding surged by close to Rs 18,00,000 crore.

The total investor wealth, measured in terms of cumulative market capitalisation of all the listed companies, grew from about Rs 30,00,000 crore to close to Rs 60,50,000 crore during 2009.

 

However, the promoters, with an average shareholding of about 57 per cent in the market, cornered nearly Rs 17,77,000 crore of the total gain during the year -- taking the total worth of their holding to about Rs 35,00,000 crore.

This included the private corporate houses as also the government as promoter of PSUs. Separately, the worth of shares owned by private promoters saw their value surging to close to Rs 20,00,000 crore, while that of the government as promoter of PSUs rose to over Rs 14,00,000 crore.

In terms of share in the total gain registered by the market during 2009, the private promoters saw their holding appreciating by over Rs 11,00,000 crore, while that of the government tose by close to Rs 7,00,000 crore.

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First Published: Jan 03 2010 | 3:47 PM IST

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