Investors' wealth is estimated at Rs. 1.66 lakh crore increase
At the Mumbai stock market today, the Sensex gained 646 points and the Nifty gained 187 points following a sharp fall in the bank, metal stocks, after falling fluctuations in the opening phase. Amid globally hostile reports, the correction went ahead after the start of a steady tone at the Mumbai stock market today.
However, before the TCS results, the revival of the Sensex, which was being sold in IT stocks, was stagnant and the market was backward. However, during the mid-working hours, the government's softening of the market by increasing the inflation allowance of central employees and pensioners was a break.
The Sensex rose sharply on the back of a fresh take on bank, metal and pharma stocks led by funds from today's declining headlines. The Sensex intraday rose 645.97 points to end at 38177.95, after touching 38209 on the back of the new take.
On the other hand, the Nifty gained 186.90 points at the end of trading on the back of a new take on the NSE.
Following the rise in the Sensex, investors' wealth (BSE market cap) today stood at Rs. 1.66 lakh crore at the end of the working hours. 143.92 lakh crore.
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