The total valuation of BSE-listed companies has crossed the $4 trillion mark to hit $4.01 trillion or Rs 333 lakh crore on Wednesday.
The market capitalisation of the domestic stock exchange has seen a jump of over $500 billion since the beginning of the year
Amid a sustained rally in the stock market, the total valuation of BSE-listed companies has crossed the $4 trillion mark to hit $4.01 trillion or Rs 333 lakh crore. The mcap of the stock exchange has seen a jump of over $500 billion since the beginning of the year.
With a market capitalisation (mcap) of almost $48 trillion, the US is currently the largest equity market in the world, followed by China ($9.7 trillion) and Japan ($6 trillion).
The Sensex is, however, 2 per cent away from its life-time high. The 30-share BSE benchmark hit its all-time peak of 67,927.23 on September 15, this year. While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76 per cent, so far this year, the market capitalisation (mcap) of all listed firms at its platform has jumped around Rs 50 lakh crore.
Source: News18