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5-day rally takes mcap on BSE to record Rs 278.15 trillion
The market capitalisation (mcap) of BSE-listed companies reached another milestone on Thursday, rallying to a fresh all-time high of over Rs278.15 lakh crore, driven by an ongoing rally in equities.
New Delhi: The market capitalisation (mcap) of BSE-listed companies reached another milestone on Thursday, rallying to a fresh all-time high of over Rs278.15 lakh crore, driven by an ongoing rally in equities.
The winning momentum has helped the market capitalisation of the BSE-listed companies reach an all-time high of Rs 2,78,15,826.32 crore on Thursday. Investors' wealth also jumped by Rs7,00,934.44 crore in five days.
Registering its fifth session of gain on Thursday, the 30-share BSE benchmark jumped 85.26 points or 0.14 per cent to settle at 61,235.30.
"Market is continuing its upward trend with good buying witnessed across mid-cap and small-cap space. We expect this momentum to continue in coming days," said Rahul Sharma, co-owner of Equity 99.
