Press Esc to close
Friday 23 June 2017
News updated at 2:02 PM IST

Investors richer by over Rs 1 lakh cr as shares surge

Mumbai, Nov 27, 2012 (PTI): 19:59 IST
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
Telugu actor Allu Arjun speaks during promotion of the film'DJ' in Bengaluru on Thursday...

Telugu actor Allu Arjun speaks during promotion of the film'DJ' in Bengaluru on Thursday...

A woman gingerly makes her way through a flooded road in Guwahati after heavy rains...

A woman gingerly makes her way through a flooded road in Guwahati after heavy rains...

A man jumps into Lake Walensee, with the Churfristen mountain range in the background...

A man jumps into Lake Walensee, with the Churfristen mountain range in the background...

A man sketches a portrait of Hindi Lord Shiva to earn money alongside a road in Kolkata...

A man sketches a portrait of Hindi Lord Shiva to earn money alongside a road in Kolkata...

A rhino with its calf at the Pobitora Wildlife Sanctuary in Morigaon district of Assam...

A rhino with its calf at the Pobitora Wildlife Sanctuary in Morigaon district of Assam...

An Icelandic horse shakes off flies in its paddock in Anspach near Frankfurt...

An Icelandic horse shakes off flies in its paddock in Anspach near Frankfurt...

The Namma Metro Train work is going on at R V Engeeniring College,Mysuru Road in Bengaluru...

The Namma Metro Train work is going on at R V Engeeniring College,Mysuru Road in Bengaluru...

Portugal's Cristiano Ronaldo attends a training session at the Spartak Stadium in Moscow, Russia...

Portugal's Cristiano Ronaldo attends a training session at the Spartak Stadium in Moscow, Russia...

A helicopter drops water as U.S. Forest Service firefighters and several other departments battle...

A helicopter drops water as U.S. Forest Service firefighters and several other departments battle...

A tiger licks a block of ice containing chicken parts offered by zoo keepers during the summer...

A tiger licks a block of ice containing chicken parts offered by zoo keepers during the summer...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.