Free Press Journal

Samvat 2073: Sensex rises 16.6 per cent

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Mumbai : Stock markets ended on a flat note Wednesday, just below their record highs, but finished Samvat 2073 with robust gains of over 16 per cent, adding over Rs 25 lakh crore to investors’ wealth. The benchmark Sensex has gained 4,642.84 points, or 16.61 per cent, in the Hindu Samvat year 2073, while the broader NSE Nifty surged 1,572.85 points, or 18.20 per cent during this period.

  On Wednesday’s session, the 50-share Nifty fell by 23.60 points or 0.23 per cent to close at 10,210.85 after moving between 10,175.75 and 10,236.45. The Sensex resumed lower at 32,518.56 and fell further to a low of 32,462.85 before ending at 32,584.35, down 24.81 points or 0.08 per cent. Investors adopted a cautious approach ahead of the long Diwali weekend, while a weak rupee too affected sentiment, brokers said.