Press Esc to close
Wednesday 18 January 2017
News updated at 2:49 AM IST
Weather
Max: 28°C
Min : 15.7°C
In Bengaluru
Sunny day

Investors richer by over Rs 1 lakh cr as shares surge

Mumbai, Nov 27, 2012 (PTI):
Reuters Image
Investor wealth today swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted markets globally.

The BSE barometer Sensex closed with gains of 305.07 points or 1.65 per cent at 18,842.08 points.

Total investor wealth moved up by Rs 1,06,767 crore to Rs 65,94,019.45 crore.

Buying was so strong that all 13 sectoral indices closed with gains of up to 3.2 per cent. Of the 30 Sensex stocks, 28 scrips registered gains and only NTPC and ONGC closed with minor losses.

"Positive international cues and reaffirmation of stable outlook on India by Moody's sentimentally aided the rise in the markets," Inventure Growth & Securities, Head Research, Milan Bavishi said.

Moody's said today that the outlook on its Baa3 rating for India is stable, in part due to the country's high savings and investment rates.

The eurozone and IMF threw a new lifeline to Greece releasing funds to avert bankruptcy and admitting that help to reduce debt will be needed for years.

 

Go to Top

Photo Gallery
An G+3 Illegal building demolished by CIDCO at Nerul in Navi Mumbai...

An G+3 Illegal building demolished by CIDCO at Nerul in Navi Mumbai...

Sand artist Sudarsan Pattnaik creates a sand sculpture at Puri beach of Odisha on Tuesday...

Sand artist Sudarsan Pattnaik creates a sand sculpture at Puri beach of Odisha on Tuesday...

Train moves on snow covered Srinagar-Qazigund railyway track during heavy snowfall,at Anantnag...

Train moves on snow covered Srinagar-Qazigund railyway track during heavy snowfall,at Anantnag...

Columnist Shobhaa De, actor Shah Rukh Khan and Bollywood filmmaker Karan Johar...

Columnist Shobhaa De, actor Shah Rukh Khan and Bollywood filmmaker Karan Johar...

A Samajwadi (SP) party worker holds a toy bicycle representing the party's symbol...

A Samajwadi (SP) party worker holds a toy bicycle representing the party's symbol...

Tribal villagers take part in a community fishing as part of celebrations...

Tribal villagers take part in a community fishing as part of celebrations...

A man rides his scooty during fresh snowfall in Srinagar on Tuesday...

A man rides his scooty during fresh snowfall in Srinagar on Tuesday...

Tourists enjoy in snow after snowfall in Shimla...

Tourists enjoy in snow after snowfall in Shimla...

Union Minister of Railways Suresh Prabhu and CM Siddaramaiah are flagging off of MEMU services...

Union Minister of Railways Suresh Prabhu and CM Siddaramaiah are flagging off of MEMU services...

London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523