Investor wealth on Wednesday tumbled over Rs 3.27 lakh crore as markets witnessed massive selling pressure amid rising coronavirus cases in the country. The BSE benchmark index plunged 871.13 points or 1.74 per cent to close at 49,180.31. During the day, it declined 931.1 points to 49,120.34.
Investors' wealth has jumped by a massive Rs 9.41 lakh crore during three successive days of gains in the domestic equity market.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic.
Investors' wealth declined by Rs 2,24,978.33 crore on Wednesday as equity markets tumbled from record highs on profit-booking. Snapping a three-session winning streak, the 30-share BSE Sensex ended 694.92 points or 1.56 per cent lower at 43,828.10.
Investors witnessed a wealth erosion of Rs 6,98,419.77 crore in two days of market fall as benchmark indices failed to hold onto early gains on Tuesday and closed lower.
Investor wealth dropped Rs 3,20,633.05 crore on the first day of the new financial year as selling resumed in the equity market amid rising cases of COVID-19.
Investor wealth dropped by Rs 37.59 lakh crore in 2019-20 fiscal, led by a weak broader market where the BSE benchmark tanked nearly 24 per cent. The 30-share BSE Sensex ended 2019-20 with a loss of 9,204.42 points or 23.80 per cent, while the Nifty sank 3,026.15 points or 26.03 per cent.
The BSE Sensex advanced over 1,300 points to a high of 37,421.70.
New Delhi: With markets continuing their dream run, seven of the ten most valued companies together added Rs 44,043.91 crore in market valuation, with state-run SBI emerging as the biggest gainer.Barring ONGC, Infosys and Coal
Mumbai: Stock market investors have become richer by over Rs. 23.33 lakh crore so far this year, as 25.49 per cent rally in the benchmark Sensex has helped the total valuation of all the BSE
Mumbai, Dec 24: Investor wealth soared by 27 per cent to around Rs 67.7 lakh crore in 2012 with the stock indices gaining nearly 25 per cent on hefty capital inflows and of late a
New Delhi, OCT 10: Rising gold prices and continuing investment flow in yellow metal has pushed the size of assets held through gold exchange traded funds to an all-time high of Rs 11,198 crore.The surge
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