Investor wealth surges Rs 1.25 lakh crore as Sensex climbs 414 points
Stock market investors became richer by over Rs 1.25 lakh crore as the share market rose sharply, with the BSE Sensex surging 414 points on Monday.
Total investor wealth of BSE-listed companies went up by Rs 1,25,286 crore to Rs 1,01,29,698 crore.
Rising for the seventh straight day, the Sensex today surged 414 points to 27,730.21 as above average monsoonreignited hopes of further easing of interest rates by the Reserve Bank.
In last seven days, the index has gained 1,359.23 points, its longest winning run since February.