Investor wealth up by Rs 10L cr in 2012

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Agencies: Mumbai, Sep 16 2012, 13:19 IST
Total investor wealth across all listed companies in the country has vaulted by a whopping Rs 10.14 lakh crore so far in 2012, and a strong market rally has pushed up bluechips by nearly 20 per cent.

With the gain of over Rs 10 lakh crore in investor wealth, measured in terms of combined market value of all listed stocks in the country, the market has recouped more than half of the losses suffered last year.

The investor wealth had fallen by Rs 19.48 lakh crore in entire calendar year 2011, shows the market data.

From Rs 53.48 lakh crore at the end of December 2011, the total investor wealth that includes holdings of promoters, institutions and retail investors, has shot up to Rs 63.63 lakh crore as on September 14.

Among the sectors, the best-performing ones so far this year have been those that were mostly beaten down last year. Bank shares have gained about 33 per cent, followed by 25 per cent in capital goods stocks, 22 per cent in autos, 19 per

cent in real estate sector and about 16 per cent for oil and gas stocks.

The promoters account for close to 60 per cent of investor wealth gain so far in 2012, while retail investors share about 10 per cent of the pie.

Within the stocks categories, gains were a tad bigger for mid-cap as against the Sensex blue-chips. While the Sensex is up 9.47 per cent, the mid-cap index is up 22 per cent. The small-cap index, however, has gained around

... contd.

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