It has truly turned out to be a festive year for Dalal Street with investors becoming richer by nearly Rs 30 lakh crore since last Diwali, on the back of recovery in the stock market.
The total investor wealth has more than doubled to over Rs 58 lakh crore in the Samvat year 2065, the year according to the Hindu calendar, ended Friday last week, a day before Diwali.
As curtains are down to Samvat 2065, hopes of swifter economic recovery have replaced sombre mood seen last year.
Reversing the trend after a fall of over 10,000 points during Samvat 2064, the Sensex recorded a gain of 8,813.26 points, or 103.57 per cent, in the Samvat 2065.
The total investor wealth in the country's 30 blue-chip companies soared by over Rs 13 lakh crore in the Samvat Year 2065.
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