Share Market recorded a new record, m-cap of companies listed in BSE crossed 301 lakh crores
BSE MCAP: This week the Indian stock market has created many new records. Yesterday, the valuation of companies listed on BSE crossed Rs 300 lakh crore. There has been a boom in the market since this morning. Let us tell you that BSE is the largest financial market index in the world. Along with this, it is the oldest stock exchange in Asia.
On 6 July 2023 i.e. on Thursday, the Bombay Stock Exchange set a new record in the morning trade. The market capitalization of companies listed on BSE has crossed Rs 301.10 lakh crore. The 30-share BSE Sensex jumped 185.37 points, or 0.28 percent, to 65,631.41 in morning deals today.
At the time of writing the news, BSE was trading at 65,664.38, up 218.34 points ie 0.33 percent.
Looking at the rally in the market, the market capitalization of BSE-listed companies has reached Rs 3,01,10,526.12 crore. It reached an all-time high.
The BSE benchmark jumped over 2,500 points from June 26 to July 4. With this, on 4 July 2023, the Sensex reached its all-time high of 65,672.97. On Wednesday, the mcap of companies listed on BSE had reached Rs 299.90 lakh crore.
Out of the Sensex pack, Reliance Industries rallied over 2 percent. After this, shares of Power Grid, Nestle, Larsen & Toubro, UltraTech Cement, NTPC, Axis Bank, Asian Paints, and Tata Motors have seen gains. Whereas, IndusInd Bank, Bajaj Finance, Tata Steel, Maruti, HDFC, and HDFC Bank lagged behind
Seoul, Tokyo, Shanghai, and Hong Kong were trading in decline in Asian markets. Let us tell you that on Wednesday the American markets closed in the negative range. Foreign institutional investors (FIIs) bought equities worth Rs 1,603.15 crore on Wednesday, according to exchange data. Global oil benchmark Brent crude fell 0.21 percent to USD 76.49 per barrel.
