INVESTORS RICHER by Rs 20.70 LAKH CRORES

SENSEX ENDS FY18 with 11.30% GAIN 

Indian Stock Market says adieu to the Financial Year with 11.30% gain. The flagship Sensex has gained 3,348.18 points during 2017-18. The index had gained 16.88 per cent in the previous fiscal. Investors saw a wealth addition of Rs 20.70 lakh crore during fiscal 2017-18. The market capitalisation of all the firms listed on the BSE reached Rs 142.24 lakh crore, from Rs 121.54 lakh crore as on March 31, 2017. The broader Nifty closed the fiscal with gains of 939.95 points, or 10.25 per cent. During the previous fiscal, it scored gains of 1,435.55 points, or 18.55 per cent.

Loss on Last day of the year

For the day, the BSE Sensex snapped its two-session winning streak to end lower by 205.71 points, or 0.62 per cent at 32,968.68. It hovered between 33,104.11 and 32,917.66 during the session. The gauge had rallied 577.85 points in the past two sessions. The NSE Nifty too ended the day 70.45 points, or 0.69 per cent lower at 10,113.70 after shuttling between 10,158.35 and 10,096.90. On a weekly basis, the Sensex rose 372.14 points, or 1.14 per cent, while the Nifty gained 115.65 points, or 1.16 per cent. This was their first gain in five weeks. 

Besides weak global cues, squaring-up of bets by investors due to end of March month expiry in the derivatives segment halted its two-session winning run, brokers said. On the macro front, official data showed India's fiscal deficit soared to Rs 7.15 lakh crore at the end of February, exceeding the revised target for the full fiscal, which further hit sentiment.   

Long weekend Holidays

Stock exchanges will remain closed on Thursday and Friday on account of 'Mahavir Jayanti' and 'Good Friday', respectively.