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Investor wealth soared by over Rs 27 lakh crore during 2014-15 fiscal, or Rs 11,000 crore per trading session, on the back of rising stock prices helped by robust foreign fund inflows. The phenomenal gain, measured in terms of rise in overall market capitalisation of all listed companies, is more than double the increase of Rs 10 lakh crore in the previous fiscal i.e. 2013-14. During the fiscal 2014-15, benchmark Sensex has gone up by 5,571.22 points, or 24.88 per cent, to 27,957.49 from 22,386.27 on March 31, 2014. The gauge had touched all-time high of 30,024.74 on March 4 this year. Led by the rally in the stock market, investor wealth soared by Rs 27.34 lakh crore in over 240 trading sessions to Rs 101.49 lakh crore as on March 31. Market capitalisation of BSE listed firms stood at Rs 74.15 lakh crore at the end of 2013-14 fiscal. Brokers have attributed the rally to stable government after the May general elections and signs of economy returning to high growth path. Besides, improvement in the country's economy on back of easing inflation have also played a key role in boosting the market performance, experts said. Jayant Manglik, President-retail distribution, Religare Securities said: "After phenomenal run in FY15, participants should prepare themselves for an exciting and definitely challenging new financial year." The foundation for economic recovery was laid in the last financial year and aided significant improvement in the macro scenario but failed to fuel credit off-take and corporate earnings so far, he said.
Registering a hefty rise of 25 per cent in 2014-15, benchmark Sensex today capped its best show in six fiscal years mainly driven by surge in foreign inflows after the Narendra Modi-led government took charge. During the fiscal 2014-15, Sensex has gone up by 5,571.22 points, or 24.88 per cent to 27,957.49 from 22,386.27 on March 31, 2014. The gauge had touched all-time high of 30,024.74 on March 4 this year. On similar lines, the NSE's Nifty zoomed by 1,786.80 points, or 26.65 per cent, to settle the fiscal at 8,491 after scaling lifetime high of 9,119.20 on March 4 this year.
On friday, the final day of the FY, the BSE Sensex settled in the red after giving up early gains to end the fiscal year marginally down by 18.37 points at 27,957.49. The broader market sentiment remained strong as small-cap and mid-cap counters outshined the Sensex by 0.31 per cent and 0.88 per cent, respectively. "It was a mixed trading session for the sectoral indices, where oil & gas and healthcare managed to gain close a per cent each, while rest ended flat to marginally in red," said Jayant Manglik, President-retail distribution, Religare Securities. For the month, the Sensex fell 4.8 per cent, its worst monthly show since February 2013. The broad-based 50-issue NSE Nifty today eased by 1.30 points or 0.02 per cent to close at 8,491.


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The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post listing of financial services arm Aditya Birla Capital (ABCL), but Tatas remain on top with over USD 132 billion.
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.
Among various listed companies of the group, UltraTech Cement's valuation stood at Rs 1,10,097.70 crore at the end of Friday's trade while that of Grasim Industries was Rs 76,881.73 crore.
The newly-listed Aditya Birla Capital's market capitalisation was over Rs 55,000 crore, Hindalco (Rs 54,607.09 crore), Idea Cellular (Rs 32,064.91 crore), Aditya Birla Fashion and Retail (Rs 13,155.73 crore) and Aditya Birla Money (Rs 547.71 crore).
Among Indian conglomerates, the Tata group remains on the top in terms of total valuation of listed firms with about Rs 8,46,567 crore (USD 132.5 billion).
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