Investors worth over Rs 3.45 lakh crore as markets recover from heavy sell-off – Times of India

NEW DELHI: Investor wealth jumped Rs 3,45,719.55 crore on Tuesday as markets returned to winning ways after heavy selling in the last two sessions.
NS BSE Sensex On Tuesday, it closed at 57,633.65, up 886.51 points or 1.56 percent.
In the previous session, the 30-share benchmark Omicron ended 949.32 points or 1.65 per cent lower at 56,747.14 on concerns over the variant.
Helped by a return to equities, the market capitalization of BSE-listed companies rose by Rs 3,45,719.55 crore to Rs 2,60,18,494.21 crore.
Vinod Nair, Head of Research, Geojit, said, “Domestic equities recovered… supported by broad buying, while health-related stocks declined. Global markets traded as expected. Financial services.
Tata Steel was the top gainer in the Sensex pack, rising 3.63 per cent, followed by Axis Bank, ICICI Bank and Kotak Bank.
Asian Paints was the lone laggard from the 30-share list.
,benchmark index Rebounded after two days of relentless selling and closed near the day’s high on strong gains in IT and financial stocks,” said Mohit Nigam, Head – PMS, Hem Securities.
In the broader market, BSE Midcap and Smallcap indices rose up to 1.29 per cent.

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