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Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.
From the Sensex basket, Bajaj Finserv, Bajaj Finance, ICICI Bank, State Bank of India, Power Grid and Infosys were the major gainers. HCL Technologies, Maruti, Tech Mahindra and Asian Paints were among the laggards.
The 30-share BSE Sensex climbed 342.48 points to 73,338.79 in early trade. The NSE Nifty went up by 96.25 points to 22,219.90.
In the T+0 settlement system trades in shares are settled on the same day. This means shares will quickly transferred to the buyer's account while funds are swiftly deposited in the seller's account.
Get latest articles and stories on India at LatestLY. Benchmark equity indices climbed in early trade on Thursday, extending their previous day's rally, on foreign fund inflows and positive trend in the US markets. India News | Market Extend Winning Momentum for 2nd Day Running on Foreign Fund Inflows, Rally in US Equities.