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TMI BlogInvestors' wealth surges Rs 17.43 lakh cr in four days of market rallyX X X X Extracts X X X X X X X X Extracts X X X X ..... Investors' wealth surges Rs 17.43 lakh cr in four days of market rally X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the 76,000 level. During the day, it soared 1,007.2 points or 1.33 per cent to 76,456.25. In four days, the Sensex zoomed 2,519.15 points or 3.41 per cent. The market capitalisation of BSE-listed firms surged Rs 17,43,418.8 crore to Rs 4,08,61,851.73 crore (USD 4.73 trillion) in four days. "Benchmark indices got a Fed booster shot on Thursday extending gains for fourth straight session, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... after the US Fed kept the forecast for two rate cuts in 2025 intact despite inflation risks from Trump’s trade war. Broader mid and smallcaps also posted gains for the day. All major sectors also logged gains in broad-based rally with Nifty IT recovering from steep losses in recent weeks," Satish Chandra Aluri, Analyst, Lemonn Markets Desk, said. The US Fed is undoubtedly the driving force behin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d today's market rally as markets took comfort from the strong overnight gains in US indices, after Fed kept the projection for two rate cuts in 2025 unchanged, he added. From the Sensex pack, Bharti Airtel, Titan, Tata Consultancy Services, Hindustan Unilever, Infosys, Nestle, Reliance Industries, Mahindra & Mahindra, HDFC Bank and Tata Motors were the biggest gainers. However, IndusInd Bank, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bajaj Finance and UltraTech Cement were the laggards. The BSE smallcap gauge climbed 0.73 per cent and midcap index went up by 0.61 per cent. All BSE sectoral indices ended higher where telecommunication jumped 1.94 per cent, teck (1.89 per cent), oil & gas (1.56 per cent), energy (1.42 per cent), auto (1.39 per cent) and BSE Focused IT (1.23 per cent). "The rally was driven by gains in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... US market after the Federal Reserve maintained its forecast of two rate cuts this year despite the ongoing tariff concerns," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.
As many as 2,410 stocks advanced while 1,606 declined and 129 remained unchanged on the BSE. PTI SUM SUM HVA HVA X X X X Extracts X X X X X X X X Extracts X X X X
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