Investor wealth swelled by over Rs 1.27 lakh crore today as the benchmark index, Sensex, boosted by strong corporate earnings and positive global cues, surged over 400 points to settle above the 15,000 mark.
The total investors' wealth, measured in terms of combined market capitalisation of all the listed companies, has increased by Rs 1,27,712.69 crore to Rs 49,70,461 crore.
The total market cap of all the listed companies stood at Rs 48,42,748.31 crore at the end of trade on Friday last week.
The 30 Sensex companies, which account for about 46 per cent of the total market capitalisation of all the companies, saw their combined market valuation rise by over Rs 70,203.98 crore.
The combined market capitalisation of the 30-blue chip stocks rose to Rs 22,84,569.09 crore today from Rs22,14,365.11 crore on July 17.