Investor wealth jumps Rs 7.71 L cr as markets recover

| | New Delhi
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Investor wealth jumps Rs 7.71 L cr as markets recover

Wednesday, 08 April 2020 | PTI | New Delhi

Investor wealth on Tuesday jumped Rs 7,71,377 crore as markets bounced back after two days of fall, tracking a broad-based rally in global equities.

Following rise in equities, the market capitalisation of the BSE-listed firms zoomed Rs 7,71,377.02 crore to Rs 1,16,38,099.98 crore.

Equity markets were closed on Monday for ‘Mahavir Jayanti’. “The bears loosened their grip on the Indian markets on Tuesday as the indices clocked their biggest single-day gain in over a decade. Tracking the buoyant global cues as there are signs of COVID-19 plateauing in certain parts of the globe, the Nifty ended higher by 8.8 per cent at 8,792 points,” Ajit Mishra, vice-president (research), Religare Broking Ltd, said.

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