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

IOC Boosts India’s Upstream Energy Journey With Commencement Of First Domestic Production From...

IOC Boosts India’s Upstream Energy Journey With Commencement Of First Domestic Production From...

'Vizhinjam International Seaport Is Fast Emerging As A World-Class Transhipment Hub For India':...

'Vizhinjam International Seaport Is Fast Emerging As A World-Class Transhipment Hub For India':...

Praxis Home Retail Posts Net Profit Of ₹81 Crore, Driven By Strategic Restructuring Measures &...

Praxis Home Retail Posts Net Profit Of ₹81 Crore, Driven By Strategic Restructuring Measures &...

Tata Motors PV Share Crashes 6%, Is JLR’s Deepening Crisis Dragging The Automaker Into Trouble?

Tata Motors PV Share Crashes 6%, Is JLR’s Deepening Crisis Dragging The Automaker Into Trouble?

'India’s Economic Outlook For 2026 Set To Remain Upbeat, With Domestic Demand Emerging As Key...

'India’s Economic Outlook For 2026 Set To Remain Upbeat, With Domestic Demand Emerging As Key...