Market investors become richer by Rs 7.95 lakh crore as stocks rally for 3rd day
Monday, 6 November 2023 Investors' wealth in the Indian market increased by Rs 7.95 lakh crore in three days, driven by positive global market trends. The BSE Sensex rose by 594.91 points or 0.92% to reach 64,958.69. The market capitalisation of BSE-listed firms surged by Rs 7,95,290.63 crore to reach Rs 3,18,17,766.44 crore. Fitch Ratings has raised India's medium-term potential growth estimate by 70 basis points to 6.2% due to improved employment rates and an increase in the working-age population forecast.
An epic short squeeze is causing a massive stock market rally. This stock market rally has been triggered by a massive short squeeze in the bond market. Massive short selling in treasuries cause a short squeeze last week as the Federal Reserve and Treasury both announced bullish news for bonds. That...
A fag-end rally during Tuesday's session lifted the sensex by 204 points; it also pushed up BSE's market capitalisation to Rs 336 lakh crore or $4.02 trillion, a... IndiaTimes
Investors on Dalal Street gained about Rs 46 lakh crore during Samvat year 2079, with net buying of Indian stocks by foreign and domestic investors worth over Rs... IndiaTimes
Monday, 6 November 2023
