Investor wealth rises by Rs 16 lakh cr in Q1, FY’15
Investor wealth soared by over Rs 16 lakh crore to more than Rs 90.19 lakh crore in the first quarter of 2014-15 because of rising stock prices amid robust foreign fund inflows and the BJP government’s storming to power at the Centre last month.
The BSE’s 30-scrip index, Sensex, has gained 3,027.51 points or 13.52 percent to 25,413.78 during the April-June quarter of the current fiscal.
Investor wealth soared by Rs 16,04,394 crore on the back of stock market rally to reach Rs 90,19,394 crore today. It was Rs 74,15,000 crore as on March 31, 2014.