The cumulative market capitalisation (m-cap) of the companies listed on the BSE soared to a new peak of Rs 90,36,541 crore on Monday. This is the first time in history that the total investor wealth has crossed the Rs 90-lakh-crore mark.
Total investor wealth rose more than Rs 10 lakh crore in less than a month after a victory of Narendra Modi-led National Democratic Alliance in the recently concluded general election. The market value of all BSE companies was about Rs 79,76,000 crore on May 15, a day before declaration of the general election result. The benchmark S&P BSE Sensex has rallied seven per cent or 1,675 points since then.
A total of 17 companies have market capitalisation of over Rs 1,00,000 crore, of which, six firms have an m-cap of over Rs 2,00,000 crore. TCS tops the charts with m-cap of about Rs 4,14,314 crore, followed by ONGC (Rs 3,87,820 crore), RIL (Rs 3,62,902 crore), ITC (Rs 2,69,335 crore), Coal India (Rs 2,60,803 crore) and SBI (Rs 2,01,824 crore).
Total investor wealth rose more than Rs 10,00,000 crore in less than a month after a victory of Narendra Modi-led Bharatiya Janata Party in the general elections. The market value of all BSE companies was about Rs 79,76,000 crore on May 15, a day before declaration of general elections result. The benchmark S&P BSE Sensex has rallied 7% or 1,715 points from 23,905 to 25,635 during the period.
Meanwhile, around 100 stocks from the BSE500, mid and small-cap index have surged over 50%. Suzlon Energy, ISGEC Heavy Engineering and Andrew Yule and Company have seen their market value more than doubled, while Unitech, Triveni Engineering, Rollatainers, Alok Industries and Network18 Media and Investments have gained between 90-97% during the period.
Total investor wealth rose more than Rs 10 lakh crore in less than a month after a victory of Narendra Modi-led National Democratic Alliance in the recently concluded general election. The market value of all BSE companies was about Rs 79,76,000 crore on May 15, a day before declaration of the general election result. The benchmark S&P BSE Sensex has rallied seven per cent or 1,675 points since then.
A total of 17 companies have market capitalisation of over Rs 1,00,000 crore, of which, six firms have an m-cap of over Rs 2,00,000 crore. TCS tops the charts with m-cap of about Rs 4,14,314 crore, followed by ONGC (Rs 3,87,820 crore), RIL (Rs 3,62,902 crore), ITC (Rs 2,69,335 crore), Coal India (Rs 2,60,803 crore) and SBI (Rs 2,01,824 crore).
Total investor wealth rose more than Rs 10,00,000 crore in less than a month after a victory of Narendra Modi-led Bharatiya Janata Party in the general elections. The market value of all BSE companies was about Rs 79,76,000 crore on May 15, a day before declaration of general elections result. The benchmark S&P BSE Sensex has rallied 7% or 1,715 points from 23,905 to 25,635 during the period.
Meanwhile, around 100 stocks from the BSE500, mid and small-cap index have surged over 50%. Suzlon Energy, ISGEC Heavy Engineering and Andrew Yule and Company have seen their market value more than doubled, while Unitech, Triveni Engineering, Rollatainers, Alok Industries and Network18 Media and Investments have gained between 90-97% during the period.