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Investor wealth rises Rs 2.53 lakh crore as markets surge after BJP victory

The BSE benchmark closed at 39,434.72, up 623.33 points or 1.61 per cent. During the day, it jumped 665.58 points to 39,476.97.

Prime Minister Narendra Modi with Delhi Lok Sabha Election Candidates at Ram Lila Ground during BJP Rally in New Delhi on Wednesday/PHOTO-DALIP KUMAR
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Prime Minister Narendra Modi with Delhi Lok Sabha Election Candidates at Ram Lila Ground during BJP Rally in New Delhi on Wednesday/PHOTO-DALIP KUMAR

Press Trust of India Mumbai
Investor wealth increased by Rs 2.53 lakh crore on Friday as the Sensex shot up over 623 points after Prime Minister Narendra Modi's victory in the Lok Sabha elections.

The BSE benchmark closed at 39,434.72, up 623.33 points or 1.61 per cent. During the day, it jumped 665.58 points to 39,476.97.

Led by the rally in equities, the market capitalisation of BSE-listed companies rose by Rs 2,53,830.19 crore to Rs 1,52,71,407.47 crore.

The BJP has won over 300 seats on its own out of 542 seats in the Lok Sabha elections.

"With the decisive mandate, we expect policy continuity and look forward to next