ManagementInvestors gain Rs 25 lakh-cr in just five months
Investor wealth has increased by over Rs 25 lakh crore in just over five months from the beginning of the current financial year, on improving sentiments in the domestic and global markets.
According to an analysis of the valuations for the period (April 1-September 18), the combined market capitalisation of all the firms listed on the Bombay Stock Exchange increased by Rs 25,02,749 crore or nearly 80 per cent.
- SAT sets aside Sebi ruling on Tata Tea - BSE IPO Index rises 5% in first week of launch - Investor wealth swells by Rs 1.07 lakh cr in a day - Sensex follows Asian markets, up 200 points - Investor wealth erodes by Rs 2 lakh-cr in a day - BSE receives complaints against 228 listed firms
Sensex ends up 35pts
Cox & Kings Q3 net jumps 88% to Rs 19 cr
UCO Bank seeks shareholders" nod for fund raising
Negative view on state-run oil cos: Fitch
Jan cement sales in high double-digit
The combined market capitalisation of the 30 blue-chip stocks rose to Rs 25,31,831.55 crore on September 18 from Rs 15,31,252.34 crore on April 1.
However, the total turnover of the Sensex companies declined to Rs 1,597.42 crore on September 18 from 1,705.52 crore on April 1.
Jain further added that the decline in the volumes is due to less participation of retail investors in the markets, which shows the run is mainly on account of institutional money, both domestic and international.
Meanwhile, foreign investment into the Indian stock markets are likely to cross $10 billion-mark by the end of this month as a hefty $9.8 billion (Rs 47,674 crore) have already been poured into the bourses by overseas entities so far this year.