After a three-day decline, the stock market saw a rebound, leading to a rise in investors’ wealth by Rs 4 lakh crore on Friday. This positive trend reflects the optimism seen in global markets. The 30-share BSE Sensex experienced a significant jump of 496.37 points or 0.70 per cent, settling at 71,683.23. Throughout the day, it rallied 708.78 points or 0.99 per cent, reaching 71,895.64. As a result of the recovery in domestic equities, the market capitalisation (mcap) of BSE-listed companies also surged by Rs 4 lakh crore, reaching Rs 373.57 lakh crore.
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