Reaches
Rs. 1,11,22,815 crores milestone
Riding
on a strong stock market sentiment, the total market capitalisation
(m-cap) of BSE-listed companies surged to a lifetime high of over Rs
111 lakh crore today. During afternoon trade, the m-cap of BSE-listed
firms surged to Rs 1,11,22,815 crore or USD 1.66 trillion. Investors'
wealth of BSE-listed firms, measured by market capitalisation, had
yesterday surged to Rs 110.7 lakh crore (USD 1.64 trillion). The
total market valuation of all listed firms on the BSE had hit a
record high of Rs 100 lakh crore in November 2014. Stock market
continued its winning run for the third straight session with the BSE
Sensex rising over 131 points in early trade today. The bluechip
index has gained 2,225.47 points or 8.52 per cent so far this year
and scaled its 52-week high of 28,490.21 today. In the broader
market, the BSE midcap and smallcap indices were trading 0.72 per
cent and 0.35 per cent higher. BSE is among the world's 10 largest
exchanges in terms of market value, while it is the biggest in terms
of number of firms listed on its platform. TCS is the most valued
Indian firm with a market valuation of Rs 4,96,744.88 crore, followed
by Reliance Industries Ltd Rs 3,45,098.78 crore, HDFC Bank (Rs
3,24,108.87 crore), ITC (Rs 3,11,686.15 crore) and Infosys (Rs
2,39,180.85 crore).
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