Investors' wealth surges Rs 27 lakh crore in FY17 as stocks zoom
Saturday, April 1, 2017, 7:36 AM
Investors' wealth soared Rs.26.79 lakh crore during 2016-17 fiscal helped by robust foreign fund inflow and impressive stock market sentiment where the benchmark Sensex surged nearly 17%. Sensex ended 2016-17 fiscal with a gain of 16.88% or 4,278.64 points to 29,620.50, making investors richer by Rs.26.79 lakh crore. Surge in investors' wealth was in contrast with fall of nearly Rs.7 lakh crore during 2015-16.