Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
RVNL, MDL, Samvardhana Motherson International, Cummins and Indus Towers, have joined the elite club in CY24; These stocks have surged up to 174% thus far this year.
India m-cap at $5 trillion: Find out reasons behind the rally in Indian stock markets, and investment strategy going ahead
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 414.62 trillion ($4.99 billion) on Tuesday by close. It had soared past the $5 trillion mark in intraday deals
The market capitalisation of BSE-listed companies surged to an all-time high of Rs 355 lakh crore on Thursday, with investors becoming richer by Rs 3.83 lakh crore as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year. The 30-share BSE Sensex jumped 929.60 points or 1.34 per cent to settle at its all-time closing high of 70,514.20 points. During the day, it zoomed 1,018.29 points or 1.46 per cent to hit its record intra-day peak of 70,602.89 points. The market capitalisation (mcap) of BSE-listed firms hit a record high of Rs 3,55,02,238.83 crore (USD 4.26 trillion). Investors' wealth climbed by Rs 3,83,006.92 crore from Rs 3,51,19,231.91 crore on Wednesday. "The US Federal Reserve's decision to leave rates unchanged lifted the world equity market mood, .
The stock hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade on expectations of healthy December quarter earnings
The overall market breadth was positive during the day with 2,178 stocks advancing and 1,509 declining
Stock investors' wealth eroded by more than Rs 2.67 lakh crore in early trade on Friday as the markets witnessed a sell-off amid weak global trends. The market capitalisation of BSE-listed companies, which is also an indicator of the wealth of investors, tumbled more than Rs 2,67,539.54 crore to Rs 2,61,63,222.07 crore due to a largely negative market. Of the 3,206 stocks traded, 1,966 stocks declined and 1,109 advanced while 131 remained unchanged. On Thursday, the market valuation stood at Rs 2,64,30,761.61 crore. In just an hour of trading on Friday, the key indices Sensex and Nifty were deep in the red, reflecting weak investor sentiments. The 30-share BSE barometer was trading 718.8 points or 1.20 per cent lower at 59,087.48 at 1015 hours. As many as 28 of its constituents were trading in the red. Tata Motors and Maruti bucked the trend and gained 0.73 per cent and 0.16 per cent respectively. Heavy selling in financials, banking, IT and capital goods shares triggered by weak
At 10:06 am, with a market-cap of Rs 4.52 trillion, Adani Enterprises stood at 9th position in the overall market-cap ranking, the BSE data showed.
The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10
At 12:10 PM, with a market-cap of Rs 1.10 trillion, Nykaa stood at 48th position in overall market-cap ranking, the BSE data showed
Combined m-cap of all listed firms has doubled since last March to Rs 226.5 trillion
The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent
India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion
Share of top 100 firms on the exchange in m-cap falls to 67.3%; analysts advise caution
This is a remarkable feat, considering it had slipped below $1.5 trillion in March 2020 at the peak of the Covid-induced sell-off
The BSE Sensex climbed 256.71 points, or 0.52 per cent, to finish at 49,206.47
India's market cap-to-GDP ratio is now over 100%
The feat comes a day after the Sensex closed above the coveted 50,000-mark. In dollar terms, the market cap is $2.75 trillion-seventh highest globally
During the 74 sessions, the market capitalisation of the listed firms on BSE soared by Rs 38.55 trillion to Rs 199 trillion
BSE-listed companies' market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020