D-Street Investors’ Wealth Swells by Rs 32 Lakh Cr in Five-Day Stock Rally
New Delhi, Apr 21 – Investors have experienced a massive surge in wealth by Rs 32 lakh crore over a five-day stock market rally into Monday. This impressive rise was fueled by robust foreign fund inflows and broad-based gains in equities.
Monday saw a considerable jump in the 30-share BSE Sensex, which rose by 855.30 points or 1.09 percent. This ascent allowed it to settle above the 79,000 mark, closing at 79,408.50. Over the five-day period, the BSE barometer experienced a substantial increase of 5,561.35 points or 7.53 percent.
The market capitalization of firms listed on BSE surged by a remarkable Rs 32,03,295.8 crore, reaching a total of Rs 4,25,85,629.02 crore (equivalent to USD 5 trillion) during these five trading days.
According to Satish Chandra Aluri, Analyst at Lemonn Markets Desk, “Markets opened higher and extended gains throughout the day, powered by a broad-based rally and positive domestic cues. Strong bank earnings over the weekend boosted the overall sentiment. The quarterly earnings season is in full swing, with heavyweight banks reporting results largely above estimates, accompanied by a strong outlook and positive commentary.”
Foreign investors are also playing a significant role, swiftly shifting capital from the uncertain US economy, following inconsistent tariff policy changes, to more stable markets. This trend is further enhancing the indices’ upward momentum.
Several companies within the Sensex, such as Tech Mahindra, IndusInd Bank, Power Grid, Bajaj Finserv, Mahindra & Mahindra, HCL Tech, Axis Bank, State Bank of India, Kotak Mahindra Bank, Infosys, Reliance Industries, and Tata Steel, emerged as the biggest gainers during this period.
Meanwhile, Adani Ports, Hindustan Unilever, ITC, Asian Paints, and Nestle were on the other side of the spectrum, identified as the laggards.
The BSE midcap gauge surged by 2.20 percent, while the small-cap index showed an increase of 1.67 percent. Impressively, all BSE sectoral indices ended higher with notable gains in sectors such as oil & gas (up 2.61 percent), power (2.49 percent), BSE Focused IT (2.42 percent), IT (2.31 percent), realty (2.27 percent), auto (2.12 percent), and metal (2 percent).
A total of 2,918 stocks advanced, 1,168 declined, and 161 remained unchanged on the BSE, capturing a positive market trend.
Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services Ltd, remarked, “Nifty rallied for the 5th consecutive day, ending with gains of 274 points. Today’s rally was driven by strong buying in heavyweight stocks and sustained foreign fund inflows. The FII flows were positive for the third consecutive day.”
