Investors richer by over Rs 1 lakh cr as shares surge

The BSE Sensex closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Investor wealth today swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted globally.

The barometer closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Total investor wealth moved up by Rs 1,06,767 crore to Rs 65,94,019.45 crore.

Buying was so strong that all 13 sectoral indices closed with gains of up to 3.2%. Of the 30 Sensex stocks, 28 scrips registered gains and only and closed with minor losses.

"Positive international cues and reaffirmation of stable outlook on India by Moody's sentimentally aided the rise in the markets," Inventure Growth & Securities, Head Research, Milan Bavishi said.

Moody's said today that the outlook on its Baa3 rating for India is stable, in part due to the country's high savings and investment rates.

The eurozone and IMF threw a new lifeline to Greece releasing funds to avert bankruptcy and admitting that help to reduce debt will be needed for years.

image
Business Standard
177 22
Business Standard

Investors richer by over Rs 1 lakh cr as shares surge

The BSE Sensex closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Press Trust of India  |  Mumbai 



Investor wealth today swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted globally.

The barometer closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Total investor wealth moved up by Rs 1,06,767 crore to Rs 65,94,019.45 crore.

Buying was so strong that all 13 sectoral indices closed with gains of up to 3.2%. Of the 30 Sensex stocks, 28 scrips registered gains and only and closed with minor losses.



"Positive international cues and reaffirmation of stable outlook on India by Moody's sentimentally aided the rise in the markets," Inventure Growth & Securities, Head Research, Milan Bavishi said.

Moody's said today that the outlook on its Baa3 rating for India is stable, in part due to the country's high savings and investment rates.

The eurozone and IMF threw a new lifeline to Greece releasing funds to avert bankruptcy and admitting that help to reduce debt will be needed for years.

RECOMMENDED FOR YOU

Investors richer by over Rs 1 lakh cr as shares surge

The BSE Sensex closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Investor wealth today swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted markets globally.

Investor wealth today swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted globally.

The barometer closed with gains of 305.07 points or 1.65% at 18,842.08 points.

Total investor wealth moved up by Rs 1,06,767 crore to Rs 65,94,019.45 crore.

Buying was so strong that all 13 sectoral indices closed with gains of up to 3.2%. Of the 30 Sensex stocks, 28 scrips registered gains and only and closed with minor losses.

"Positive international cues and reaffirmation of stable outlook on India by Moody's sentimentally aided the rise in the markets," Inventure Growth & Securities, Head Research, Milan Bavishi said.

Moody's said today that the outlook on its Baa3 rating for India is stable, in part due to the country's high savings and investment rates.

The eurozone and IMF threw a new lifeline to Greece releasing funds to avert bankruptcy and admitting that help to reduce debt will be needed for years.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

  • Gold rebounds on jewellers' buying, silver jumps Rs 280/kg Gold rebounds on jewellers' buying, silver jumps Rs 280/kg
  • Image via Shutterstock DII ownership in stocks at six-year high

STOCK WATCH

Company Price() Chg(%)
Trident 56.00 12.45
VST Inds. 2296.20 10.12
GRUH Finance 345.20 9.33
J B Chem & Pharm 336.60 7.90
Century Textiles 709.85 5.92
> More on BSE Gainers
Company Price() Chg(%)
Trident 56.45 13.13
Future Lifestyle 137.65 10.92
GRUH Finance 346.05 9.46
VST Inds. 2284.90 9.22
J B Chem & Pharm 336.50 7.71
> More on NSE Gainers
Company Price() Chg(%)
Welspun India 49.70 -8.64
Shilpa Medicare 553.00 -7.82
Piramal Enterp. 1851.10 -5.41
Jaypee Infratec. 9.21 -4.76
Avanti Feeds 534.10 -4.20
> More on BSE Gainers
Company Price() Chg(%)
Welspun India 49.40 -8.60
Shilpa Medicare 551.70 -7.87
IDBI Bank 70.45 -6.38
Jaypee Infratec. 9.10 -5.70
Piramal Enterp. 1847.10 -5.48
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard