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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (7953)10/7/1999 9:48:00 PM
From: Mohan Marette  Read Replies (2) of 12475
 
Vajpayee lifts MarketCap by Rs 26,530 cr

ON a day when the market went on a rampage, the aggregate wealth of the investors, as measured by the market capitalisation of the BL 250 Composite Index has shot up by a whopping Rs. 26,530 crores from Rs. 5,44,847 crores to Rs. 5,71,378 crores. This dw arfs the increase of Rs. 9,914 crores posted on Wednesday, the first day of the election counting. As the prospects of a stable Government at the Centre became more strong, so did the confidence of the markets at the bourses. During the day both the BL 2 50 Composite Index and the Sensex gained by 64.80 points and 265 points respectively to close at 1396.80 and 4963.10 respectively. (BL)
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