Investors become richer by over Rs 12.56 lakh cr in 7 days of market rally
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over 1 year ago
Equity investors gained over Rs 12.56 lakh crore in just seven days of the market rally amid constant foreign capital inflows and steady global trends. Supported by the ongoing rally, the market capitalisation of BSE-listed firms increased by Rs 12,56,510.59 crore to Rs 2,64,51,069.93 crore in seven days. The benchmark Sensex rose 2,544 points or 4.41% during the past seven days. With the market heading northwards, the optimistic signs, such as stable GST collections, mixed economic growth numbers, and status quo on interest rates from the RBI, are giving investors the ammunition to invest in domestic stocks.
Economic Times