Skip to main content

Investor wealth soars Rs 77k cr


Investor wealth swelled by nearly Rs 77,000 crore on 3rd August, 2009 as the BSE Sensex, boosted by strong corporate earnings and positive global cues, surged to a 14-month high of 15,924.23 points. The total investors wealth, measured in terms of combined market capitalisation of all the listed companies, has increased by Rs 76,849.98 crore to over Rs 52 lakh crore (Rs 52,16,791.81 crore precisely). The total market cap of all the listed companies stood at Rs 51,39,941.83 crore rpt Rs 51,39,941.83 crore at the end of trade on Friday last week. The 30 Sensex companies saw their combined market valuation rising by over Rs 38,539 crore. The combined market capitalisation of the 30 blue-chip stocks rose to Rs 24,05,274.38 crore, from Rs 23,66,734.60 crore on July 31. These elite companies account for about 46 per cent of the total market capitalisation of all companies on BSE. The Bombay Stock Exchange benchmark index surged 253.92 points, or 1.62 per cent, to 15,924.23 which, analysts feel, was due to the return of investor confidence on account of positive global cues and domestic earnings figures.

Comments

Popular posts from this blog

MUNSHI PREMCHAND STORIES IN COMIC FORMAT

Stories by modern Hindi and Urdu literary legend, Munshi Premchand are now available in comic format published by Amar Chitra Katha. The comic books in Hindi detailing two stories by the late literary phenomenon, is part of the publisher's contemporary classics section, which began in 2012 with stories by author Ruskin Bond. "We are launching the comics at the World Book Fair and it is our tribute to Premchand. The idea is to make his stories familiar with children," Reena Puri, Editor, Amar Chitra Katha told PTI. The stories "Buddhi Kaki" (The old Aunt) and "Do Bail" (Two Oxen) have been scripted and illustrated by Pratima Singh and Surendra Murthy. The English version of the comics translated by Nandini Nair is also set for launch within a few weeks, says Reena. The books are priced at Rs 50 each. "Buddhi Kaki" first published in 1921 is the story of an old childless widow who craves for love after she bequeaths her entir…

WORLD's FIRST UNDERWORLD TENNIS COURT IN DUBAI

Dubai, which boasts of the world's highest tennis court, may also become home to the first underwater tennis centre where spectators can watch games from below or above the sea life through a massive glass dome. Krzysztof Kotala, a Polish architect who owns a studio in Warsaw, is currently seeking investment from local players to make the ambitious project a reality. Interestingly, the proposed location for the project (arguably one of the world's lowest tennis courts) is just next door to the highest tennis court atop the Burj al Arab skyscraper in Dubai. "There is not an investor but I would like to get interest (from them) as I think it is a good idea," Kotala, 30, was quoted as saying by a local magazine. When asked why he chose Dubai for his project, Kotala said the Gulf city had a rich tradition of tennis. "This will be something original. This should be somewhere where there is the tradition of tennis. Dubai is perfect for this idea," he said. The in…