Investors became rich by Rs 7.90 lakh crore in 5 days; Valuation of BSE-listed companies reaches new peak of Rs 298.57 lakh crore – Times of India

New Delhi: Equity investorsAssets increased by Rs 7.90 lakh crore in five days on BSE SensexWhich is on a record-breaking run, helped by sustained foreign fund inflows and largely bullish investor sentiments.
30-shares rally for fifth straight session BSE On Tuesday, the Sensex closed at its all-time high of 65,479.05, up 274 points or 0.42 per cent. During the day, the benchmark rose 467.92 points, or 0.71 per cent, to its lifetime intra-day peak of 65,672.97.
Investor wealth rose to Rs 7,90,235.84 crore in the five-day period. The market capitalization of BSE-listed companies also hit an all-time high of Rs 2,98,57,649.38 crore on Tuesday.
The Sensex gained over 2,500 points in the last five sessions.
Bajaj Finance was the top gainer in the Sensex chart, rising 7.17 per cent, followed by Bajaj Finserv, which rose 5.76 per cent. Tech Mahindra, Sun Pharma, NTPC, Titan, Wipro, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, State Bank of India and ITC were other major gainers.
Bharti Airtel, Axis Bank, Reliance Industries, IndusInd Bank, Tata Steel and UltraTech Cement were the laggards.
In Asian markets, Shanghai and Hong Kong closed in the green while Seoul and Tokyo ended lower.
Equity markets in Europe were trading mixed in mid-session deals. US markets closed in positive territory on Monday.
Global oil benchmark Brent crude climbed 1.43 per cent to $75.72 per barrel.
Foreign portfolio investors (FPIs) bought equities worth Rs 2,134.33 crore on Tuesday, according to exchange data.
FPIs invested Rs 47,148 crore in Indian equities in June, the highest in 10 months.
“Markets continued to rally as benchmark indices touched new highs despite mixed Asian cues and weak European markets in early trade. The support provided by Indian markets due to their strong fundamentals offset some of the negative catalysts seen in major developed markets.” making up for it.” “Economies and the strong support by FIIs in recent weeks are testimony to this,” said Srikant Chauhan, head of research (retail), Kotak Securities Ltd.