M-cap of BSE-listed companies zoom to record high of over Rs 191 trillion

Bombay Stock Exchange

Total market capitalisation of all listed companies on the BSE has zoomed to a record high of over Rs 191 lakh crore.

Till Monday's trade, markets recorded their ninth straight session of gain.

During this time, the BSE Sensex jumped 2,622.84 points or 5.75 per cent and closed above the 48,000-mark for the first time on Monday.

In the past nine trading sessions, the market capitalisation of BSE-listed firms have jumped a whopping Rs 12,89,863.39 crore to a record Rs 1,91,69,186.44 crore (USD 2.6 trillon).

Approval of two COVID-19 vaccines has brought cheers to the domestic market.

Also, positive global cues favoured the market sentiment.

In early Tuesday trade, the market capitalisation of BSE-listed companies was at Rs 1,91,25,467.48 crore.

Reliance Industries Limited is the country's most valuable firm with a market valuation of Rs 12,49,218.49 crore, followed by Tata Consultancy Services (Rs 11,50,105.91 crore).

In a memorable year 2020, the Sensex gained 15.7 per cent where the benchmark index witnessed both ruthless selling and massive buying.

Equity investors grew richer by Rs 32.49 lakh crore in 2020 helped by massive returns in the equity market which had a roller coaster ride during the year hit by the coronavirus pandemic.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel