• Source:JND
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The fortunes of the nation's top billionaires have been greatly enhanced by a strong rally in the Indian stock market over the course of four consecutive sessions. According to the Bloomberg Billionaires Index, Reliance Industries Chairman Mukesh Ambani was the largest daily gainer worldwide on Thursday.

In a single day, Ambani's net worth increased by $2.81 billion, putting him at number 16 on the global rich list with a total of $92.1 billion. The fact that he was the biggest winner the day before further demonstrated how well Reliance shares performed during the continuous market rally.

Gautam Adani, the second-richest man in India, saw a notable rise in his fortune as well. With a net worth of $78.2 billion, Adani, the chairman of the Adani Group, made it into the coveted top 20 list of the richest people in the world. His wealth increased by almost $1.12 billion on Thursday, making him the sixth-largest global gainer of the day.

These two businessmen weren't the only ones who benefited from the stock market surge. Sunil Mittal, the chairman of Bharti Airtel, became the fifth-largest gainer of the day with a $1.12 billion increase in his net worth. Sun Pharma's Dilip Sanghvi also profited, seeing his fortune soar by $988 million.

On Thursday alone, the Indian equity markets' surge increased investors' wealth by more than Rs 4 lakh crore. Regaining the 78,000-mark, the BSE Sensex surged 1,508.91 points, or 1.96%, to close at 78,553.20. In the meantime, the NSE Nifty ended the day at 23,851.65, up 414.45 points, or 1.77%.

According to analysts, the market's optimism stems from investors' expectations that India will be largely immune to trade tensions worldwide, which encourages them to make purchases across a variety of industries.

With Indian billionaires driving worldwide wealth gains and markets reaching all-time highs, Dalal Street sentiment is still optimistic, expressing faith in the nation's corporate expansion and economic resiliency.

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