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 listed companies on the NSE has surpassed the USD 4 trillion (Rs 334.72 trillion) mark for the first time ever, with the benchmark Nifty hitting its all-time high of 20,291.55 last Friday. The benchmark Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90 on Friday. During the day, the benchmark reached its intra-day record high of 20,291.55. The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks. "The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector," NSE said in a statement on Sunday. The journey of market capitalisation of listed companies rising from to USD 2 trillion (in July 2017) to USD 3 trillion (in May 2021) took about 46 months, whereas the
The 10 most active securities during Feb 2022 were Reliance Industries, HDFC, Cipla, Tata Power, Adani Wilmar, Vodafone Idea Ltd, Tata Consultancy Services (TCS), Adani Power, Tata Motors and Infosys
According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
Analysts say a steadily falling market capitalisation share of index companies signals exuberance on the part of investors and the market could fall at the first whiff of bad news, local or globalThe share of the 30 Sensex companies in the market capitalisation of all BSE listed companies is down to a 13-year low as mid-cap and small-cap stocks continue to race ahead of the large-cap ones.The country's top 30 companies that are part of the benchmark index now account for only 39.9 per cent of the market cap of the listed universe, down from around 50 per cent three years ago and a record high of 65 per cent in October 2008. The previous low was 35.7 per cent in April 2004 (see chart).The National Stock Exchange's Nifty 50 benchmark index shows a similar trend. The Nifty 50 companies currently account for 53.1 per cent of the combined market capitalisation of the listed universe (on both BSE and NSE), marginally above its six-year low of 52.6 per cent in February this year. In ...