Business

Morning Deals Increase Investors’ Wealth By Rs 2.4 Lakh Crore As Markets Continue To Reach New Highs

Equity investors gained Rs 2.4 lakh crore as Sensex and Nifty reached fresh highs in morning trade on Tuesday, amid continuous foreign fund inflows.

In early morning trade, the 30-share BSE Sensex rose 169.94 points, or 0.25 percent, to a new high of 69,035.06. The Nifty gained 52.60 points, or 0.25 percent, to reach an all-time high of 20,739.40.

Following the rise, the market capitalization of BSE-listed corporations increased by Rs 2.4 lakh crore in early transactions on Tuesday, to Rs 345.88 lakh crore, up from Rs 343.48 lakh crore on Monday.

Adani Enterprises and Adani Ports maintained their Sensex gains, trading up 4.40 percent and 4.37 percent, respectively. Other big gainers included BPCL, Axis Bank, Mahindra & Mahindra, and SBI.

As many as 20 of the 30-stock benchmark’s equities were trading in the green.

The BSE midcap index increased by 0.54 percent, while the smallcap index increased by 0.50 percent.

On November 29, the combined market capitalization of all BSE-listed businesses surpassed the USD 4 trillion mark for the first time.

On Friday, the market capitalization of NSE-listed businesses crossed USD 4 trillion (Rs 334.72 trillion) for the first time.

Also read: US Traveler Died In Bahamas Shark Attack

Spriha Rai

Recent Posts

Obesity Linked To Alzheimer’s Risk In Adults With Down Syndrome, Study Finds

Obesity, not metabolic syndrome, is linked to higher Alzheimer’s risk in adults with Down syndrome,…

1 hour ago

Amit Shah Approves Rs 1,950 Crore Advance Release To Karnataka And Maharashtra For Flood Relief

The Central Government has allocated substantial financial assistance to various States for disaster response and…

2 hours ago

Our Hearts Are Fuller Than Ever: Parineeti Chopra And Raghav Chadha Welcome Their Baby Boy

Bollywood actress Parineeti Chopra and her husband, politician Raghav Chadha, have become proud parents to…

3 hours ago

WhatsApp Tests Monthly Message Cap To Curb Spam And Unwanted Chats

WhatsApp is preparing to roll out a major update designed to curb spam and unwanted…

4 hours ago

Bullet Discovery At Hyderabad Metro Sparks Police Investigation

A 9 mm bullet was found in a commuter’s bag at Hyderabad’s Moosapet Metro Station,…

5 hours ago

Karnataka High Court Allows RSS Centenary March In Chittapur; Seeks Fresh Application

The Karnataka High Court on Sunday granted approval for the RSS centenary march to take…

6 hours ago