Investors' wealth jumps Rs 4.65 lakh cr in morning trade; stock markets bounced back after two days of fall

Investor wealth on Tuesday jumped Rs 4,65,715.85 crore in the morning trade as markets bounced back after two days of fall

|Apr 07, 2020, 15:10:50 IST

New Delhi: Investor wealth on Tuesday jumped Rs 4,65,715.85 crore in the morning trade as markets bounced back after two days of fall.The Sensex gained 1,439.12 points to a high of 29,030.07 after resuming trading on Tuesday.Following the rise in equities, the market capitalisation of the BSE-listed firms zoomed Rs 4,65,715.85 crore to Rs 1,13,32,438.81 crore.[caption id="attachment_7138411" align="alignleft" width="380"]

Representational image. Reuters.[/caption]Equity markets were closed on Monday for ''Mahavir Jayanti''.Heavyweights Reliance Industries Ltd and HDFC Bank were the biggest contributor in the market rally, trading over 7 percent and 5 percent higher, respectively.Bajaj Finance was the sole loser in the frontline 30-company pack.The 30-share BSE barometer had plummeted 674.36 points or 2.39 percent to close at 27,590.95 on Friday.Markets rose on Tuesday largely tracking recovery in global equities.

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Investors' wealth jumps Rs 4.65 lakh cr in morning trade; stock markets bounced back after two days of fall

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Air India to cut Delhi-Toronto flight time by 3 hours, resume non-stop services from August 1

South Korea economy grows faster than expected in Q2 as chip exports power recovery

India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin

Iran war could cut global growth by more than half: World Bank’s chief economist Indermit Gill

Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range