Investors wealth climbs over Rs 2.27 lakh crore as markets rally

Indian equities surged on Monday, leading to a rise in investor wealth by over INR227bn ($3.07bn). The rally was fuelled by foreign fund inflows, upbeat markets globally, improved US job data and stock performance. The BSE Sensex rose by 1.16%, resulting in the market capitalisation of BSE-listed companies rising by INR2 .27tn.

May 8, 2023 - 19:30
Investors wealth climbs over Rs 2.27 lakh crore as markets rally
Indian equities surged on Monday, leading to a rise in investor wealth by over INR227bn ($3.07bn). The rally was fuelled by foreign fund inflows, upbeat markets globally, improved US job data and stock performance. The BSE Sensex rose by 1.16%, resulting in the market capitalisation of BSE-listed companies rising by INR2 .27tn.