Investor wealth jumps Rs 6.32 lakh cr as mkts rally after falling for 4 days
Investor wealth jumped by Rs 6,32,362.29 crore on Friday as markets made a strong comeback after four days of massive fall.
With the rise in the BSE benchmark index, which advanced 1,627.73 points or 5.75 per cent, the market valuation of BSE-listed companies jumped Rs 6,32,362.29 crore to Rs 1,16,09,143.29 crore at close of trade on Friday.
"Markets managed to gain nearly 6 per cent on Friday, thanks to the rebound in global indices and hopes of stimulus package from the government. In-line with the benchmark index, sectoral indices also ended higher and the broader market too closed with gains," Religare Broking Ltd
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