Record high! Market capitalization of BSE listed equites touch Rs 200 lakh crore


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Market capitalization of BSE listed equites touch Rs 200 lakh crore 

The whole market capitalization of all BSE listed corporations touched Rs 200 lakh crore for the primary time on Thursday. According to particulars obtainable on BSE’s web site, the market capitalization is Rs 2,00,49,756.78.

The quantity of corporations traded are 3,128. There are 6,09,61,846 registered traders, the info on BSE reveals.

The inventory markets have scaled a brand new excessive after Finance Minister Nirmala Sitharaman offered the Union Budget on February 1. In the final 4 buying and selling classes together with the day Union Budget 2021-22 was tabled, traders have added greater than Rs 7.7 lakh crore.

Meanwhile, the BSE jumped 359 factors to scale a recent lifetime excessive on Thursday. It touched an all-time excessive of 50,687. The index ended 358 factors (0.71 per cent) excessive at its new closing file of 50,614.29.

Similarly, the broader NSE Nifty completed 105 factors or (0.71 per cent) increased at its closing peak of 14,895. It touched an intra-day file of 14,913.

Strong shopping for in banks, particularly PSBs, and FMCG house supported the market rally. ITC was the highest gainer within the Sensex pack, hovering round 6 per cent. It was adopted by SBI, Bajaj Finance, ONGC, M&M, Kotak Bank, ExtremelyTech Cement, NTPC and Bajaj Finserv. On the opposite hand, Asian Paints, IndusInd Bank, Bharti Airtel, Tech Mahindra and Titan had been among the many laggards.

READ MORE: 100% Return: Sensex soars from 25,600 to 50,000 in simply 10 months

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