Equity markets surge: Investors gain over Rs 33.55 lakh crore in six days

Equity investors gained a staggering Rs 33.55 lakh crore over the past six days, as markets continued their bullish run. BSE Sensex climbed 187.09 points, or 0.24%, to close at 79,595.59 on Tuesday, capping off nearly an 8% gain during this period.

Since April 9, the 30-share benchmark rallied by 5,748.44 points, a 7.78% jump, pushing the total market capitalisation of BSE-listed companies to Rs 4,27,37,717.23 crore.

The NSE Nifty also extended its winning streak to a sixth straight session, ending at 24,167.25.

“Despite the gains, markets showed signs of a breather amid overbought conditions. The positive sentiment was underpinned by continued FII buying and optimism over India benefiting from the US-China trade tensions,” Prashanth Tapse, senior VP at Mehta Equities Ltd told news agency PTI.

Among the major gainers from the Sensex pack were ITC, Hindustan Unilever, Mahindra & Mahindra, HDFC Bank, Kotak Mahindra Bank, State Bank of India, and ICICI Bank. IndusInd Bank led the laggards, falling 4.88%, followed by losses in Power Grid, Bharti Airtel, Infosys, and Bajaj Finserv.

Vinod Nair, head of research at Geojit Financial Services, noted that investor confidence has remained firm despite uncertain global cues. “Domestic macroeconomic indicators are also improving, with easing inflation and rising expectations of further rate cuts by the RBI. These conditions are likely to reduce borrowing costs and spur demand — factors that could support corporate earnings in FY26,” Nair added.

On the broader market front, the BSE smallcap index jumped 0.82% while the midcap index rose 0.81%. Sectorally, real estate stocks led the way with a 2.4% rise, followed by gains in FMCG (1.87%), consumer durables (1.43%), healthcare (0.75%), consumer discretionary (0.72%) and banking (0.61%). However, tech, IT, power, utilities, and telecom stocks underperformed.

Of the 4,130 stocks traded on the BSE, 2,477 advanced, 1,504 declined, and 149 remained unchanged.

“FIIs continued to remain net buyers for the fourth consecutive session on Monday with inflows of nearly Rs 2,000 crore, which extended support to the market,” said Siddhartha Khemka, head of research, Motilal Oswal Financial Services Ltd.

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