D-Street investors' wealth swells by ₹32 lakh crore in five-day stock rally

Investors' wealth soared by ₹32 lakh crore in the five-day stock rally to Monday powered by foreign fund inflows and a broad-based gains in equities.

On Monday, the 30-share BSE Sensex jumped 855.30 points or 1.09% to settle above the 79,000 mark at 79,408.50. In the past five-days, the BSE barometer zoomed 5,561.35 points or 7.53%.

The market capitalisation of BSE-listed firms surged by ₹32,03,295.8 crore to ₹4,25,85,629.02 crore ($5 trillion) in five trading days.

With foreign investors fast losing their confidence in the US economy and Trump’s flip-flop tariff policy, we are seeing renewed foreign inflows into markets which are also driving the indices higher, he added.

From the Sensex firms, Tech Mahindra, IndusInd Bank, Power Grid, Bajaj Finserv, Mahindra & Mahindra, HCL Tech, Axis Bank, State Bank of India, Kotak Mahindra Bank, Infosys, Reliance Industries and Tata Steel were the biggest gainers.

Adani Ports, Hindustan Unilever, ITC, Asian Paints and Nestle were among the laggards.

The BSE midcap gauge surged 2.20% and the smallcap index jumped 1.67%.

All BSE sectoral indices ended higher, with oil & gas soaring 2.61%, power (2.49%), BSE Focused IT (2.42%), IT (2.31%), realty (2.27%), auto (2.12%) and metal (2%).

As many as 2,918 stocks advanced while 1,168 declined and 161 remained unchanged on the BSE.