Sensex rallies 8,000 points in over seven months

Here are a few facts on what led to the rally in the benchmark index.

Sensex hits 58,000 points in over 7 months

Sensex climbed to 58,000 points in seven and half months from 50,000 on January 21.

Sensex rally led by behemoth RIL

The rally was led by market behemoth Reliance Industries (RIL), which has a weightage of 12.2 percent on the 30-stock benchmark index.

RIL stock surged 4 percent

RIL surged 4 percent after the company's subsidiary Reliance Retail Ventures acquired a controlling stake in Just Dial. RIL’s market cap crossed ₹15 lakh crore.

37 stocks in BSE500 become multibagger

In the journey from 50,000 to 58,000, 37 stocks in the BSE500 index have given multibagger returns between 100-313 percent, said a report by Moneycontrol.

225 stocks hit 52-week high

Reportedly, more than 225 stocks, including Asian Paints, Hindustan Unilever, Reliance Industries, Titan and UltraTech Cement, hit their fresh 52-week highs.

BSE-listed firms market cap

The overall market capitalisation of BSE-listed firms is now near ₹254 lakh crore.

Media, metal and auto stocks up

Most media, metals, auto stocks and real estate company stocks rallied on September 3.

Analysts positive on banks, auto, real estate

JP Morgan reportedly said a third wave may hurt domestic-focused sectors but it is bullish on banks, auto and real estate sectors as potential reopening or monetary policy beneficiaries.