India, May 28 -- Investor wealth surged by Rs 2,01,549.38 crore on Wednesday following a rally in the broader market.
The 30-share BSE Sensex settled 995.92 points or 3.25 per cent higher at 31,605.22. During the day, it gained 1,051.3 points to 31,660.60.
Led by the rally in equity market, the market capitalisation of BSE-listed companies soared Rs 2,01,549.38 crore to Rs 1,23,62,539.79 crore.
"Firm global cues led to a positive start which strengthened as the day progressed, thanks to the strong recovery in the banking and financial stocks," Ajit Mishra, VP - Research, Religare Broking Ltd said.
"Further, news of easing of restrictions and the gradual re-opening of the economies across the world raised investors" hopes of the econ...