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Investor Wealth Jumps Over Rs 10.48 Lakh Crore In Two Days Of Budget-driven Market Rally

Investor wealth jumps over Rs 10.48 lakh crore in two days of Budget-driven market rally
The BSE benchmark jumped 1,197.11 points or 2.46 percent to close at 49,797.72 on Tuesday. During the day, it zoomed 1,553.87 points to 50,154.48.
PTI
February 02, 2021 / 07:33 PM IST
Investor wealth zoomed over Rs 10.48 lakh crore in two days as Budget-driven market euphoria continued to charge bulls on Tuesday.
The BSE benchmark jumped 1,197.11 points or 2.46 percent to close at 49,797.72 on Tuesday. During the day, it zoomed 1,553.87 points to 50,154.48.
Tracking the extremely positive investor sentiment, the market capitalisation of BSE-listed companies jumped Rs 10,48,253.99 crore to Rs 1,96,60,898.02 crore in two days of market rally. ....

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Investor wealth further jumps over Rs 3 lakh crore as Budget brings bulls back to markets

Investor wealth further jumps over Rs 3 lakh crore as Budget brings bulls back to markets
PTI
The BSE benchmark zoomed 1,553.87 points to 50,154.48 during the morning trade.
Tracking the extremely positive investor sentiment, the market capitalisation of BSE-listed companies jumped Rs 3,04,169.3 crore to Rs 1,95,50,883 crore in morning trade.
“It has been a picture perfect rally in the last two sessions with the broader indices clocking record Budget Day gains and extending them today as well. Although some profit-booking can be expected, but we expect stock-specific action to continue,” said Rahul Sharma, Head – Technical & Derivatives Research, JM Financial Services.
Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61 Monday. Investors became richer by over Rs 6.34 lakh crore Monday as markets gave a big shout-out to the Budget 2021-22. ....

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M Cap Investors Assets Increases by Rs 3 lakh crore in the Initial Session Know the Reason

M Cap Investors Assets Increases by Rs 3 lakh crore in the Initial Session Know the Reason
jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.

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Share Market News Live: Sensex drops 400 points, Nifty at 14,450; HDFC, ONGC, ITC, L&T, RIL, NTPC top losers

Share Market Highlights: Sensex ends 746 points lower, Nifty at 14,371; Asian Paints, SBI, HDFC top losers
January 22,2021 16:00 IST
Sensex, Nifty Highlights on January 22: Market indices continued yesterday s fall and closed at day s low on Friday amid profit booking, in line with weak global equities. Sensex ended 746 points lower at 48,878 and Nifty closed 218 points lower at 14,371. HDFC, ONGC, ITC, L&T, RIL, NTPC were among the top losers today, while Bajaj Auto, Maruti, M&M, TCS, HUL were among the top gainers on Sensex pack. Yesterday, Sensex closed 167 points lower at 49,624, Nifty fell 54 points to end at 14,590. Globally, markets traded deep in red today, signalling profit booking amid heavy valuations, given ample liquidity, high earnings growth and positive geopolitical cues. ....

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Budget 2021: Sensex scales 50,000 mark, here's how to play the market in short term

Budget 2021: Sensex scales 50,000 mark, here s how to play the market in short term
Sensex scaling the 50,000 mark raises questions ahead of the Union Budget 2021. Should investors keep booking profit amid the ongoing slide in index or should they bet big on the Budget being presented in the backdrop of Covid-19 crisis?
Aseem Thapliyal | January 22, 2021 | Updated 16:08 IST
The Union Budget which will be presented on February 1 is likely to decide the direction of the market ahead.
Benchmark Sensex hit the key 50,000 mark on January 21 just days ahead of the Modi government s third Union Budget of its second term. The index rose to an all-time high of 50,184 and Nifty rose to 14,753 in the same session buoyed by global markets post the new US president Joe Biden s oath taking ceremony. ....

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