Bsem Cap News Today

News and developments from the week gone by, through numbers and charts.

The 30-share BSE Sensex pack surged more than 1,000 points to hit above 71,700 level, while the broader NSE Nifty index moved over 300 points to trade above 21,650.

The 30-share BSE Sensex pack surged 1,000 points to hit a lifetime high of 72,720.96, while the broader NSE Nifty index moved around 281 points to trade at an all-time peak of 21,928.25.

The Federal Reserve kept its key interest rate unchanged on Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of increases in four decades to fight a painfully high inflation.

Sensex and Nifty closed at new highs for the third and fourth consecutive sessions, respectively. The Sensex reached an all-time high at 69,745 points

NSDL data shows that FIIs have bought Indian stocks worth about $1 billion last month in which Nifty ended 5.6% higher. The buying by FIIs, DIIs as well as ever-bullish retail investors have led to an increase in the total market capitalisation of all BSE-listed stocks to $4 trillion and catapulted the index to all-time high levels

India is now the fifth country in the world with an equity market capitalisation of $4 trillion. While Nifty is up over 10% so far in the calendar year, Indias m-cap has increased by about Rs 51 lakh crore in 2023 led by the outperformance of small and midcap stocks as well as a flood of IPOs on Dalal Street. India had joined the coveted $3 trillion club in May 2021.

Within a month of shifting the expiration day and also offering competitive options pricing, the exchange saw its market share in the F&O segment almost double. From less than 1%, BSEs derivatives market share has jumped to 14% in the last 6 months, led by new product launches.

The market valuation of BSE-listed companies crossed a record $4 trillion for the first time on November 29, on the back of positive market sentiment in Indian equities. The 30-share Sensex climbed 305.44 points to 66,479.64.

The total market capitalisation of all BSE-listed stocks at the end of the trading session on Thursday touched an all-time high figure of Rs 328.33 lakh crore, which translates to $3.94 trillion. To hit the landmark of $4 trillion, India now needs to add just about Rs 5 lakh crore to its market cap (keeping the USD rate steady at 83.3).