Investor wealth soars over Rs 12.31 trn in 3 days; m-cap at record high

Market value of BSE-listed firms at record high

Investor wealth has jumped by over Rs 12.31 trillion in three days, taking the market capitalisation of all BSE-listed companies to a record Rs 198.43 trillion on Wednesday as equities continued their Budget-driven rally.

The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever on Wednesday.The 30-share benchmark closed with a gain of 458.03 points or 0.92 per cent at 50,255.75. During the day, it zoomed 728.67 points to its lifetime high of 50,526.39.

In three trading days, the benchmark has gained 3,969.98 points or 8.57 per cent. Following the bullish investor sentiment,