Investors richer by Rs 2.68 lakh crore in a day

Sandeep Singh

Jul 15,2024

Investors amassed crores of rupees as domestic equity benchmarks Nifty50 and Sensex scaled record closing highs on July 15.

Investors richer by Rs 2.68 lakh crore in a day

A broad-based rally on Dalal Street - led by financial, IT and energy shares - made investors richer by Rs 2.68 lakh crore in a day on July 15.

Investors richer by Rs 2.68 lakh crore in a day

With that, the mcap of BSE-listed firms touched an unprecedented Rs 455.07 lakh crore on Monday, as against Rs 452.39 lakh crore on Friday, according to provisional exchange data.

What led Monday’s rally?

SBI, NTPC and ITC were the biggest movers for both Sensex and Nifty50 on July 15.

What drove the rally?

Positive global cues, strong domestic earnings, and robust foreign fund inflows powered the rally, say analysts.

What next?

Investors await the ongoing earnings season to gather steam for domestic cues.

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