Investors richer by over Rs 9 lakh crore in three days

In three days, the benchmark has climbed 2,301.76 points or 4.16 per cent.

The three-day buoyant trend in equities have added Rs 9,03,574.58 crore to the market capitalisation of BSE-listed firms which now stands at Rs 2,66,58,604.02 crore.

“Domestic equities continued its northward journey for the third consecutive day on the back of healthy corporate earnings and positive global cues,” Siddhartha Khemka, Head – Retail Research of , said.

Softening commodity prices, reduced intensity of Foreign Institutional Investors (FIIs) selling and better-than-expected earnings season have led to the recovery in the markets, analysts said.

“Markets traded robust for yet another session and gained over a per cent,” Ajit Mishra, VP – Research at

Broking Ltd, said on Friday.

In the broader market, the BSE smallcap gauge jumped 1.38 per cent and midcap index climbed 1.01 per cent on Friday.

Among Sensex constituents,

, , , , , , and were the biggest gainers.

Dr Reddy’s,

, , and were the laggards.

All the BSE sectoral indices ended in the green, with metal climbing the most by 4.59 per cent, followed by energy (2.41 per cent), basic materials (2.30 per cent), oil & gas (2.21 per cent), IT (1.71 per cent), teck (1.68 per cent) and consumer durables (1.47 per cent). PTI SUM SHW