Page 2 - Investor Wealth

Investor wealth jumps Rs 3.35 trillion in two days of market rally

Investors have gained Rs 3,35,770.71 crore in two days of market rally, with the Sensex scaling its fresh lifetime peak on Wednesday. Rising for the second day, the 30-share BSE benchmark jumped 476.11 points or 0.82 per cent to close at its new all-time high of 58,723.20. During the day, it gained 529.97 points to 58,777.06, its intra-day record. In the previous trade, the benchmark had ended 69.33 points or 0.12 per cent higher at 58,247.09. The market capitalisation of BSE-listed companies zoomed Rs 3,35,770.71 crore in two day to a record high of Rs 2,59,68,082.18 crore. In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route. The Cabinet also approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industry to enhance Ind

Investors wealth grows by over Rs 4 trillion in 2 days of market rally

Investors' wealth has risen by Rs 4,09,200.15 crore in two days of market rally, taking the market capitalisation of BSE-listed companies to a fresh high of Rs 235.11 lakh crore on Friday. In the equity market, the BSE benchmark Sensex gained 138.59 points or 0.26 per cent to close at 52,975.80. In the previous session, the benchmark had ended 638.70 points or 1.22 per cent higher. The market capitalisation of BSE-listed companies jumped Rs 4,09,200.15 crore in two days to reach its lifetime high of Rs 2,35,11,063.15 crore at close of trade on Friday. "Domestic indices continued to advance ahead tracking rising global risk appetite and higher domestic inflows from local investors. Earnings season continued to pump in optimism in India & global markets while the Fed is set to deliberate their easy-money policy in the meeting ahead," said Vinod Nair, Head of Research at Geojit Financial Services. ICICI Bank was the biggest gainer with a jump of 3.18 per cent followed by ITC, SBI, ..

Investors wealth jumps Rs 2.93 trn as markets rally after 3-day decline

Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions. The 30-share BSE benchmark Sensex zoomed 638.70 points or 1.22 per cent to close at 52,837.21. During the day, it gained 668.75 points to 52,867.26. Tracking the bullish trend, the market capitalisation of BSE-listed companies jumped Rs 2,93,054.25 crore to reach Rs 2,33,94,917.25 crore. "Buying returned in the Indian markets supported by the decent Q1 FY22 earning results and positive global sentiments," said Mohit Nigam, Head, PMS - Hem Securities. Tech Mahindra was the biggest gainer in the 30-share pack, with a gain of 5.65 per cent, followed by Bajaj Finance, Bharti Airtel, Bajaj Finserv, Tata Steel and L&T. HUL was the biggest laggard, falling 2.27 per cent, followed by Asian Paints, Bajaj Auto and Mahindra & Mahindra. In the broader market, the BSE midcap and smallcap indices rose by up to 1.52 per cent. BSE metal, telecom, capital ...

Investors' wealth jumps Rs 2.19 trillion in two days of market rally

The market capitalisation of BSE-listed companies hit a fresh record

Investors richer by Rs 5.8 trn in two sessions of massive market rally

Investors' wealth zoomed by Rs 5,78,634.72 crore in two days of intense market rally, with participants adding Rs 2,74,908.83 crore to their fortune on Tuesday. Over the past two sessions, the BSE gauge Sensex has gained about 1,461 points or 2.99 per cent. The benchmark rallied 612.60 points or 1.24 per cent to settle above the 50,000-mark on Tuesday. Following the two-day massive rallies, the market capitalisation of BSE-listed companies jumped by Rs 5,78,634.72 crore to a record Rs 2,16,39,367.91 crore on Tuesday. "The rise can be attributed to a decline in India's COVID cases and stability in the global markets," said Ajit Mishra, VP - Research, Religare Broking Ltd. Last time on April 1, the BSE benchmark had closed above 50,000-level. On Tuesday, M&M was the top gainer in the 30-share pack, rallying nearly 6 per cent, followed by Bajaj Auto, Titan, Bajaj Finance and HDFC Bank. Bharti Airtel, ITC, Dr Reddy's, SBI and Hindustan Unilever Limited were the laggards. In the ...

Investors' wealth jumps over Rs 6.44 trillion in four trading sessions

Investors' wealth has increased by Rs 6,44,760.45 crore in four trading sessions on the back of an equity market rally

Investors' wealth rises massively by over Rs 90.82 trn in FY21 amid Covid

Market analysts termed 2020-21 a roller coaster ride for not only Indian markets but also for equity indices globally due to the pandemic

Investor wealth jumps over Rs 6 trillion in two days of market rally

The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent

Investors wealth tumbles over Rs 8 trillion in 5 days of market plunge

Equity investors became poorer by over Rs 8 lakh crore in five days of market plunge. The BSE benchmark has lost 2,062.99 points or 4 per cent in five trading sessions. On Thursday, the 30-share BSE benchmark tanked 585.10 points or 1.17 per cent to close at 49,216.52. Following the bearish trend, the market capitalisation of BSE-listed companies declined by Rs 8,04,216.71 crore to Rs 2,01,22,436.75 crore in five days. "Indian market has been in a corrective phase for the past 10 days due factors like high bond yields in the US and increased number of COVID cases being reported across the country," said Hemang Jani, Head Equity Strategy, Broking & Distribution, Motilal Oswal Financial Services. After its two-day policy meeting, the US Federal Reserve reassured investors that it expects to keep its key interest rate near zero through 2023. HCL Tech was the biggest loser in the Sensex pack, falling 3.97 per cent, followed by Infosys, Dr Reddy's, TCS, Tech Mahindra and Reliance ...

Investor wealth tumbles by over Rs 5.55 trn in four days of market decline

In four days, the benchmark has fallen by 1,477.89 points or 2.88 per cent

Investor wealth falls Rs 1.37 trn as markets snap three-day rising streak

The 30-share BSE Sensex closed at 50,792.08, lower by 487.43 points or 0.95 per cent. During the trade, it plunged 741.08 points to 50,538.43

Investor wealth jumps Rs 9.41 trillion in three days of market rally

On Wednesday, the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points

Street signs: Staffing stocks find favour, MRP Agro IPO, and more

The IPO of MRP Agro set to be launched this week will the first by an SME since November

Investor wealth rise Rs 8.22 trn in four trading sessions on bullish market

In four trading sessions, investor wealth jumped Rs 8.22 trillion as markets continued their rally with the benchmark indices recording life time peaks on Monday.

New coronavirus strain infects global markets; Sensex, Nifty fall over 3%

Monday's fall saw investor wealth shrink by Rs 6.6 trillion, based on the market capitalisation of all listed companies on the BSE

Investors' wealth tumbles by Rs 1.56 trillion amid massive sell-off

Investors' wealth plunged by Rs 1.56 lakh crore on Wednesday as markets witnessed a massive sell-off amid muted global sentiments.

Investor wealth declines by Rs 2.36 trn as domestic markets close in red

The 30-share BSE Sensex tanked 633.76 points or 1.63 per cent to close at 38,357.18. During the day, it tumbled 741.17 points to 38,249.77

Ultra-rich US investors hoard cash as economy fears over Covid-19 grow

The economic hit from the pandemic has failed to put a halt to rising stock prices

Investor wealth plummets Rs 5.15 trillion in early trade as Sensex plunges

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC

Investor wealth falls Rs 3.30 trn as markets tank on negative oil sentiment

Investor wealth on Tuesday fell by Rs 3,30,408.87 crore after equity markets came under heavy selling pressure following sell-off in global stocks as rout in crude oil hit investor sentiment. The Sensex tumbled 1,011.29 points, or 3.20 per cent, to close at 30,636.71. Led by the sharp fall in the index, the market capitalisation of the BSE-listed companies dropped Rs 3,30,408.87 crore to Rs 1,20,42,172.38 crore. "After the US crude oil crash, Indian markets, in sync with global markets traded negatively, as the extent of the impact of lockdowns and the global slowdown is becoming evident. Corporate earnings have also been impacted by the pandemic related shutdowns. Post-earnings management guidance has also not given clear indication about the recovery path," Vinod Nair, head of research at Geojit Financial Services, said. IndusInd Bank was the worst hit in the Sensex pack, dropping over 12 per cent, followed by Bajaj Finance, ICICI Bank, Axis Bank, Tata Steel, M&M, ONGC and ...