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Tuesday, February 17, 2015

Equity Investors Richer by Rs 5.5 Lakh Crore so far in 2015

Stock market investors became richer by Rs 5.5 lakh crore so far this year as the rally in equities boosted the valuation of all listed firms to Rs 103.88 lakh crore

Last year, market investors added a whopping Rs 28 lakh crore to their kitty where the valuation of all listed firms stood at Rs 98.36 lakh crore at the end of 2014.In 2014, the benchmark Sensex had gained 6,328.74 points or 30 per cent. This was the highest annual gain since 2009 when it had rallied by 7,817 points

The total market valuation of all listed firms at the BSE had hit a record high of Rs 100 lakh crore in November last year

After rallying 30 % in 2014, the BSE Sensex has already advanced nearly 6 per cent so far in 2015 and now it is trading well above the crucial psychological level of 29,000

The benchmark Sensex has gained 1,636.46 points, or 5.95%, to 29,135.88 so far this year. The index scaled its all-time high of 29,844.16 on January 30,2015

Overseas investors have infused more than Rs 43,000 crore ($7 billion) in Indian capital markets so far in 2015.

Tata Consultancy Services (TCS) continued to remain the most valued firm as its market capitalisation stood at Rs 5,06,380.15 crore. It is followed by ITC, Reliance Industries Ltd (RIL), ONGC and HDFC Bank in the top five companies list.

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