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Mkt rises 2% on election outcome
The Morning Standard
|December 05, 2023
Rally makes investors richer by about ₹6L cr as m-cap of BSE listed firms reaches ₹343.5L cr
A day after Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) clinched a victory in three state elections, domestic equity market peaked to a new all-time high.
The benchmark indices BSE Sensex and NSE Nifty50 registered one of their sharpest single-day gains in recent time. The rally made investors richer by about ₹6 lakh crore in a single session as the market capitalisation of all BSE-listed firms rose to ₹343.5 lakh crore.
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