Latest News | Markets Rally: Investors Richer by over Rs 8.58 Lakh Cr in 3 Days

New Delhi, Dec 23 (PTI) Investors' wealth has soared by Rs 8,58,979.67 crore in three days of market rally, with domestic bourses climbing in tandem with global equities amid abating concerns over the economic impact of the Omicron variant.

The 30-share BSE benchmark Sensex jumped 384.72 points or 0.68 per cent to close at 57,315.28 on Thursday. During the day, it gained 559.96 points to 57,490.52.

Also Read | Tecno Camon 18 Debuts in India at Rs 14,999; First Sale on December 27, 2021.

In three days, the index has gained 1,493.27 points.

The market capitalisation of BSE-listed companies has rallied by Rs 8,58,979.67 crore to stand at Rs 2,61,16,560.72 crore.

Also Read | WhatsApp Reportedly Working on New Interface for Voice Calls.

"Domestic bourses continued to trade firm mirroring an upbeat mood in the global markets led by gains in realty, financials and IT stocks, while broader markets strengthened," said Vinod Nair, Head of Research at Geojit Financial Services.

PowerGrid was the biggest gainer among the Sensex constituents on Thursday, gaining 3.40 per cent, followed by ITC, Bajaj Finance, Infosys and NTPC.

"Markets inched further higher and ended in the green for the third successive session, tracking firm global markets. After the initial uptick, the benchmark remained range bound till the end, however movement across sectors kept the participants busy," said Ajit Mishra, VP - Research, Religare Broking Ltd.

In the broader market, the BSE midcap and smallcap indices jumped up to 1.01 per cent.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)