Market at new peak: M-cap of BSE-listed cos at record high of over Rs 242 lakh cr

Market at new peak: M-cap of BSE-listed cos at record high of over Rs 242 lakh cr

PTIUpdated: Wednesday, August 18, 2021, 12:00 PM IST
article-image
During the morning trade, the 30-share BSE benchmark index jumped 312.44 points to its lifetime high of 56,104.71, continuing its winning run for the fifth session in a row./Representational image | ANI Photo

The market capitalisation of BSE-listed companies reached its all-time high of Rs 2,42,08,041.64 crore on Wednesday, helped by a rally in the equity market where the benchmark index scaled the 56,000-mark for the first time.

During the morning trade, the 30-share BSE benchmark index jumped 312.44 points to its lifetime high of 56,104.71, continuing its winning run for the fifth session in a row.

Following the upbeat sentiment, the market capitalisation of BSE-listed companies also reached its record high of Rs 2,42,08,041.64 crore.

In the previous session, the Sensex settled 209.69 points or 0.38 per cent higher at 55,792.27.

In five days, investors' wealth have also jumped by Rs 5,33,192.73 crore.

RECENT STORIES

India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost