A two-day rally in the stock market made investors richer by Rs 4.97 lakh crore during this period.
Rebound in global markets and absence of any fresh eruption of conflict between Israel and Iran soothed investors’ sentiment.
Extending its previous day’s rebound, the 30-share BSE Sensex climbed 560.29 points or 0.77 per cent to settle at 73,648.62. During the day, it advanced 679.47 points or 0.92 per cent to 73,767.80.
In two days, the BSE benchmark jumped 1,159.63 points or 1.59 per cent.
The market capitalisation of BSE-listed companies climbed Rs 4,97,442.62 crore to Rs 3,97,86,490.93 crore (USD 4.79 trillion) in two days.
“The buoyancy in equity markets continued due to strong global cues as buying was seen across the board on the back of risk-on sentiment.
“Although geo-political tension in West Asia last week plundered global assets, absence of any fresh eruption of conflict between Israel and Iran also soothed the market sentiment, which triggered massive buying for the s
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