Investors richer by Rs 3.45L cr, Omicron fears die
December 07, 2021  17:58
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Investors' wealth on Tuesday jumped by Rs 3,45,719.55 crore as markets returned to winning ways after a heavy selloff in the previous two sessions.

 The BSE Sensex rallied 886.51 points or 1.56 per cent to settle at 57,633.65 on Tuesday. 

 In the previous session, the 30-share benchmark had ended 949.32 points or 1.65 per cent lower at 56,747.14 on worries over the Omicron variant. Helped by the comeback in equities, the market capitalisation of BSE-listed companies rallied by Rs 3,45,719.55 crore to reach Rs 2,60,18,494.21 crore.

 "Domestic bourses staged a recovery...supported by broad-based buying while healthcare stocks lost ground. Global markets traded with optimism on reports that the Omicron strain may not be as severe as expected," said Vinod Nair, Head of Research at Geojit Financial Services.

Image: A healthcare worker holds a sample at the Genome Sequencing Lab 
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