Investors get richer by Rs 1.64 lakh cr today

 MUMBAI: A gush of positive news, both at domestic and international front, saw the investor wealth on the Bombay Stock Exchange
rising by over Rs
1.64 lakh crore today, with the 30 Sens*x companies alone accounting for nearly 46 per cent of the total gain.

The markets remained strong throughout the day riding on the back of optimism of the proposed changes, including abolition of STT and lowering of corporation tax to 25 per cent. The BSE barometer index gained close to 500 points at 15,518.49 points.

The total investor wealth on BSE, measured in terms of combined market capitalisation of all listed companies, rose by Rs 1,64,686.94 crore to over Rs 51 lakh crore (Rs 51,28,514.45 crore).

The total market cap of all listed companies stood at Rs 49,63,827.51 crore yesterday.

The combined market capitalisation of the 30 blue-chip stocks rose by Rs 75,690.60 crore to Rs 23,57,080.44 crore.

At the close, the market cap of Reliance Industries, the country's most valued firm, stood at Rs 3,18,464.61 crore. RIL scrip today gained 1.59 per cent at Rs 2,023.45 on BSE.

RIL is followed by state-run ONGC (Rs 2,49,050.32 crore), NTPC (Rs 1,74,226.66 crore) and Bharti Airtel (Rs 1,56,733.65 crore).