Read more about Nine of 10 stocks in BSE 500 universe gained during Budget-fuelled rally on Business Standard. Of the 441 stocks that gained, only 147 outperformed the BSE 500 index, which has risen 8.6 per cent in the past five trading sessions
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BSE-listed companies m-cap reaches Rs 195 lakh crore
Helped by the rally in the equity market, the market capitalisation of BSE-listed firms jumped to Rs 1,95,21,653.40 crore ($2.6 trillion) in early trade
PTI | January 8, 2021 | Updated 13:45 IST
The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 lakh crore in morning trade on Friday as markets returned to winning ways after two days of decline.
Helped by the rally in the equity market, the market capitalisation of BSE-listed firms jumped to Rs 1,95,21,653.40 crore ($2.6 trillion) in early trade.
The BSE Sensex surged 471.31 points to a high of 48,564.63 on Friday. Equity indices had declined for the second straight session till Thursday.
The market capitalisation of BSE-listed companies zoomed to a fresh lifetime high of over Rs 195.21 trillion in morning trade on Friday as markets returned to winning ways after two days of decline. Helped by the rally in the equity market, the market capitalisation of BSE-listed firms jumped to Rs 1,95,21,653.40 crore ($2.6 trillion) in early trade. The BSE Sensex surged 471.31 points to a high of 48,564.63 on Friday. Equity indices had declined for the second straight session till Thursday. Last year, the Sensex gained 15.7 per cent where the benchmark index witnessed both ruthless selling and massive buying. Equity investors grew richer by Rs 32.49 trillion in 2020 helped by massive returns in the equity market which had a roller coaster ride during the year hit by the coronavirus pandemic.