Friday, February 23rd, 2024

New record for BSE listed companies, market cap reaches US$ 4000 billion for the first time


Photo:INDIA TV The Sensex has increased by 5,540.52 points or 9.10 percent so far this year.

Companies listed on Bombay Stock Exchange (BSE) have set a new record. The market cap i.e. market capitalization of all the companies reached the record level of $ 4000 billion for the first time on Wednesday. BSE’s 30-share Sensex rose 305.44 points to 66,479.64 in early trade. According to Bhasha news, due to the positive trend of the market, the market capital of BSE listed companies reached Rs 3,33,26,881.49 crore in the morning trade, which later converted into four thousand billion US dollars at the exchange rate of 83.31. Done.

Market cap increased by about Rs 50.81 lakh crore

According to the news, Sensex has increased by 5,540.52 points or 9.10 percent so far this year. The market capitalization of all the companies listed on the index has increased by about Rs 50.81 lakh crore. The 30-share BSE index had reached its all-time peak of 67,927.23 on September 15 this year. Talking about other markets, according to the report, America, China, Japan and Hong Kong are such markets whose market registration is more than 4000 billion dollars.

The caravan kept moving like this

The market capitalization of all listed companies on BSE touched the US$ 3000 billion mark on 24 May 2021. Earlier on May 28, 2007, it had crossed 1000 billion dollars. It took 2,566 days i.e. more than seven years to travel from 1000 billion dollars to 1500 billion dollars. On June 6, 2014, it touched the figure of 1500 billion dollars. Then after 1130 days, on July 10, 2017, the market capitalization reached the level of 2000 billion dollars. The market capitalization reached the level of $ 2500 billion after 1,255 days on 16 December 2020.

Latest Business News



Whatsapp GroupJoin
Telegram channelJoin

5 bikes are best for daily use, looks are awesome along with mileage, price is very attractive

Highlights: Hero Glamor is available at a starting price of Rs.78 thousand. Splendor Plus is a commuter bike, which costs 78 thousand. Star City Plus is the most fuel efficient bike in the list....

Break on rally in Adani Group’s stocks, Group’s shares fell by 5-10% in the storm of decline

Adani Group Stocks: In 2022, the shares of Adani Group have given multibagger returns to the investors. Shares of group companies have made investors rich. But after the news of the arrival of the...

87 Minutes of Power: What the Finance Minister’s Budget Speech Focused On

New Delhi. After four Union Budget speeches, on February 1, 2023, Finance Minister Nirmala Sitharaman presented her fifth budget. The most important thing is that Union Finance Minister Nirmala Sitharaman has read her shortest...