TwitCount Button
33 C
Sunday, May 31, 2020

Investor wealth jumps Rs 3.98 lakh crore as markets make strong comeback

Must Read

Government Relations Manager

Government Relations Manager through demonstrating and influencing policy, legislation and regulation at the national, and local levels of government......

freshers in government banks

freshers in government banks Government public sector Banks, Nationalized banks, Government undertaking Banks, Scheduled Banks and Leading Private Indian...Company:...

Government of Karnataka Forest Department – State Level Adviser/Consultant

Government of Karnataka Forest Department - State Level Adviser/ConsultantGovernment of Karnataka Forest Department Office of the Principal Chief...

NEW DELHI: Investor wealth on Thursday climbed Rs 3,98,934.79 crore after markets rallied amid hopes of a second stimulus package deal from the authorities.
The BSE 30-piece sensex ended the day 1,265.66 parts or 4.23 per cent higher at 31,159.62. All the map in which thru the day, it zoomed 1,331.24 parts to 31,225.20.
Led by the rally in equities, the market capitalisation of BSE-listed corporations superior Rs 3,98,934.79 crore to Rs 1,20,81,461.88 crore.
“Indian markets in sync with global markets were up again lately on expectations of infections peaking out and for extra stimulus measures to be presented. This uptrend looks to be a short undergo market rally and could no longer be sustainable,” Geojit Monetary Products and companies head of be taught Vinod Nair said.

“In India, there is speculation that the package deal could succor worst affected sectors and MSMEs could uncover some reduction within the package deal to be presented,” he added.
From the 30-piece pack, 26 corporations closed with positive aspects with auto shares stealing the limelight.
Mahindra and Mahindra used to be the head gainer, surging 16.74 per cent, adopted by Maruti Suzuki (13.16 per cent), Titan (11.12 per cent) and Hero MotoCorp (9.65 per cent).
Within the broader market, the midcap and smallcap indices rose as a lot as 3.63 per cent.
The total sectors closed with positive aspects, led by auto which rallied 10.26 per cent, adopted by person durables, finance, telecom and banking.
At the BSE, 1,872 scrips superior, whereas 538 declined and 166 remained unchanged.

  • Download

    The Times of India News App for Most modern Commerce News

  • Subscribe

    Launch Your Day-to-day Mornings with Times of India Newspaper! Expose Now

news image


Please enter your comment!
Please enter your name here

Latest News

Peoplesoft Developer

Req ID: 86364 At NTT DATA Services, we know that with the right people on board, anything is possible. The quality, integrity, and commitment of our employees are key factors in our company’s growth, market presence and our ability to help our clients stay a step ahead of the competition. By hiring the best people…

Development Architect-Cloud HCM Engineering – Payroll Job

Requisition ID: 250825 Work Area: Software-Design and Development Expected Travel: 0 - 10% Career Status: Professional Employment Type: Regular Full TimeCOMPANY DESCRIPTION SAP started in 1972 as a team of five colleagues with a desire to do something new. Together, they changed enterprise software and reinvented how business was done. Today, as a market leader…

AWS DevOps Sr Engineer and Team Lead

NTT Data Bangalore, Karnataka Permanent Full-time Req ID: 94002 NTT DATA Services strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now. We are currently seeking a AWS DevOps Sr Engineer and Team Lead to join…

Corporate Action Analyst

Job Title Corporate Action AnalystJob Description Corporate Action Job Description: Academics: Candidate with Finance and MBA background. Candidate with MS Office work experience.Roles and Responsibilities: Candidate with 1-3 years’ experience in Mandatory and Voluntary Corporate Actions, Stock Transfers, and Dividend Payments. Good Email and Client communication skill Experience in processing Splits, Consolidation, Spinoff, Rights, Open…

Civil Engineer

POST A RESUME HR Consultancy Ahmedabad, Gujarat Permanent Full-time Job Description:- BE/ Diploma Civil Engineer - Min. 2 years of Commercial Site Supervision. - Experience of warehouse construction preferred. - Site supervision - Project Duration: 6 months to 8 months- BE/ Diploma Civil Engineer - Min. 2 years of Commercial Site Supervision. - Experience of…

More Articles Like This