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

WILL NIFTY FALL BELOW 2000?

Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...

YOGA IN MID AIR

With the stage set for International Yoga Day this Sunday, yoga asanas were performed mid-air at 35,000 feet above the sea-level, arguably the first time ever! The asanas called Upayoga or useful yoga were performed as a trial-run aboard the Delhi-Guwahati and Guwahati-Delhi flights of budget airline SpiceJet with over 180 passengers and crew. The Gurgaon-based carrier has teamed up with Isha Foundation of Sadhguru to conduct mid-air yoga sessions on its select Boeing flights on Sunday, which is being observed as International Yoga Day. Talking about the yogic postures demonstrated, Gita, a teacher with the Isha Foundation said the session was designed to reduce stress for passengers who travel long hours. "These are safe, simple postures which can be done by anyone, and can be practiced anytime and anywhere. They help in relieving stress accumulated in the upper neck and spine region," Gita told PTI. The passengers on board, who had no clue about the onboard yoga demonstr...

జవహర్ లాల్ నెహ్రూ స్టేడియం

ఇది ఢిల్లీలో కొత్తగా నిర్మించిన జవహర్ లాల్ నెహ్రూ స్టేడియం. కామన్వెల్త్ గేమ్స్ ఇక్కడ ప్రారంభం అవుతాయి

ప్రపంచం తీరూ తెన్నూ

Search This Blog