Investors' wealth swells by Rs 18.42 lakh crore in two days of market surge
Public Lokpal
April 15, 2025
Investors' wealth swells by Rs 18.42 lakh crore in two days of market surge
Mumbai: Market investors added Rs 18.42 lakh crore to their wealth in two days of sharp rally in equities echoing a rally in global equities after US President Donald Trump relaxed some of the tariffs on electronics products and hinted at duty revision for automobiles.
Rallying for the second straight session on Tuesday, the 30-share BSE Sensex jumped 1,577.63 points or 2.10 per cent to settle at 76,734.89. In two days, the benchmark Sensex has surged 2,887.74 points or 3.91 per cent.
The market capitalisation of BSE-listed firms jumped by Rs 18,42,028.91 crore to Rs 4,12,24,362.13 crore (USD 4.81 trillion) in two days.
The BSE smallcap gauge jumped 3.21 per cent and midcap index rallied 3.02 per cent on Tuesday.
All BSE sectoral indices ended higher. Realty zoomed 5.81 per cent, industrials soared 3.76 per cent, capital goods (3.67 per cent), auto (3.39 per cent), consumer discretionary (3.12 per cent), financial services (2.94 per cent) and metal (2.75 per cent).
As many as 3,302 stocks advanced while 785 declined and 169 remained unchanged on the BSE.
IndusInd Bank was the lead gainer among Sensex firms, surging by 6.84 per cent. Tata Motors rallied 4.50 per cent. Larsen & Toubro, Axis Bank, Adani Ports, HDFC Bank, ICICI Bank and HCL Tech were also among the gainers.
ITC and Hindustan Unilever were the only laggards.
PTI
