Added on December 15, 2023
KV Network
Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak
New Delhi, Dec 15 (PTI) Equity investors became richer by Rs 2 lakh crore in morning trade on Friday as a rally in stocks propelled benchmark BSE Sensex to scale the 71,000 mark for the first time.
Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks.
Rallying for the third day running, the 30-share BSE Sensex jumped 569.88 points to reach its all-time high of 71,084.08 during the morning deals.