| |
| The current rally, which started on April 25, 2003, when the Bombay Stock Exchange (BSE) Sensex touched a six-month low, has spread across almost all sectors. The current five-and-a-half month, uninterrupted rally has increased the market capitalisation of all traded stocks by Rs 4,26,086 crore to Rs 10,00,128 crore today. |
| |
| Public sector undertakings, including nationalised banks, have been major contributors to the market cap gains, accounting for a 32.47 per cent share in the overall capitalisation, compared with a 12.80 per cent share on February 2, 2000. |
| |
| But the share of information, communication and entertainment (ICE) stocks, which were the mainstay of the 1999-2000 rally, has declined from 41 per cent in 2000 to 14 per cent now. |
| |
| During the last 44 months, the market cap of PSU stocks increased from Rs 1,28,060 crore on February 2, 2000, to Rs 3,24,660 crore today. On the other hand, the market cap of ICE stocks declined from Rs 4,11,470 crore to Rs 1,35,238 crore. |
| |
| The refinery sector tops the market cap list at Rs 1,69,240 crore, up from Rs 95,538 crore on February 2, 2000. The refineries' share in the total market cap increased from 9.5 per cent to 16.9 per cent. |
| |
| The banking sector has been the second major gainer, with its share in the overall market cap increasing from 4.30 per cent to 10.3 per cent. |
| |
