Categories: Business

M-cap of BSE-listed Companies hits record high in Rs 220.74 lakh crore

NEW DELHI: The market capitalisation (m-cap) of both BSE-listed businesses attained an all-time high Rs 220.
74 lakh crore on Thursday, aided by a bullish sentiment in the equity marketplace.
In the end of commerce, their market capitalisation stood at Rs 2,20,74,421.
11 crore.
The 30-share BSE benchmark closed 97.
70 points, or 0.
19 percent, higher at 51,115.
22 on Thursday.
In the past trade, it’d closed 379.
99 points or 0.
75 percent greater at 51,017.
52.
In just two weeks of economy rally, the investors’ wealth has increased by Rs 1,67,959.
92 crore to Rs 2,20,74,421.
11 crore.
Reliance Securities Head (Strategy) Binod Modi stated,”National Partners remained resilient and exchanged at scope, amid expiry-led volatility.
Purchasing momentum stayed observable in mid-cap and small-scale stocks and they’ve outperformed benchmark indices.
” SBI was the top performer at the 30-share BSE package, jumping 2.
84 percent, followed by Kotak Bank, Axis Bank and Bajaj Auto.
In contrast, HDFC, Bajaj Finance, both ONGC and Bharti Airtel were one of the laggards.
In the wider market, the BSE Midcap and Smallcap indices acquired around 0.
54 percent.
The BSE bankex, consumer durables, utilities, power and IT climbed around 1.
19 percent; whereas realty and telecom, and amongst others, closed diminished.

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