Business Standard

Capitalisation

Equity investors become richer by Rs 3.29 trn as markets rally over 1%

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

Equity investors become richer by Rs 3.29 trn as markets rally over 1%
Updated On : 15 Nov 2023 | 6:44 PM IST

Capitalisation worries for banks to get bigger: Financial stability report

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

Capitalisation worries for banks to get bigger: Financial stability report
Updated On : 12 Jan 2021 | 12:14 AM IST

More than just capital: Banks' housekeeping woes set to increase

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

More than just capital: Banks' housekeeping woes set to increase
Updated On : 28 Jan 2020 | 11:59 PM IST

Top 8 cos add Rs 57,965 cr in m-cap, HDFC Bank top gainer

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

Top 8 cos add Rs 57,965 cr in m-cap, HDFC Bank top gainer
Updated On : 17 Jul 2016 | 11:43 AM IST