₹4 Lakh crore boom: Indian stock market roars back to life in 5 seconds
The Indian stock market is booming, with the Sensex up 668 points at 78,224 and Nifty rising 198 points to 24,225. Investors' wealth has swelled by ₹4.29 lakh crore as market cap hits ₹4,45,40,192.35 crore
Mumbai (The Uttam Hindu) : The Indian stock market witnessed a strong rally on Tuesday's trading session. At 11:45 am, the Sensex was up 668 points, or 0.68 percent, at 78,224, and the Nifty was up 198 points, or 0.85 percent, at 24,225. Overall, the market cap of companies listed on the BSE has increased by 4.29 lakh crore rupees, meaning investors' wealth increased by 4.29 lakh crore rupees as soon as the market opened.
Along with largecaps, midcaps and smallcaps are also witnessing a rise. Nifty Midcap 100 index was at 56,892 with a rise of 721 points or 1.28 percent and Nifty Smallcap 100 index was at 16,406 with a rise of 274 points or 1.70 percent. The fall in crude oil prices is being considered as the reason for the rise in the Indian stock market. After the statement of US President Donald Trump, Brent crude has come down by 6 percent to around $92 per barrel, which had reached $119 per barrel on Monday.
Investors' wealth increased by ₹4.29 lakh crore
The total market cap of all stocks listed on the BSE on March 9, 2026, was ₹4,41,10,262.45 crore just one trading day earlier. As soon as the market opened today, March 10, 2026, it reached ₹4,45,40,192.35 crore. This means that investors' wealth has increased by ₹4,29,929.9 crore.
Trump told the US media in an interview that the war with Iran was nearing its end. This led to a softening in crude oil prices. One reason for the market rally is the rupee's strengthening against the dollar. The rupee has remained strong against the US currency since the market opened on Tuesday. The rupee's highest level against the dollar in trading so far has been 91.72 and its lowest level has been 92.33.
The decline in India VIX, an index that shows market fluctuations, is also being considered a reason for the rise in the stock market. At the time of writing this news, India VIX was at 19.77, down 15.37 percent. The rise in global markets has also boosted investor sentiment in the Indian markets. Almost all Asian markets including Seoul, Hong Kong, Shanghai, Tokyo, Bangkok and Jakarta opened in the green. At the same time, the US markets also closed in the green on Monday.