Mcap of BSE-listed firms at all-time high of Rs 278 lakh crore as markets continue winning momentum

| | New Delhi
  • 0

Mcap of BSE-listed firms at all-time high of Rs 278 lakh crore as markets continue winning momentum

Friday, 14 January 2022 | PTI | New Delhi

Mcap of BSE-listed firms at all-time high of Rs 278 lakh crore as markets continue winning momentum

Sensex rises pts 85; Nifty ends above 18,250

The market capitalisation of BSE-listed companies reached another milestone on Thursday, rallying to a fresh all-time high of over Rs 278.15 lakh crore, driven by an ongoing rally in equities.

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.       In five days, the benchmark index has gained 1,633.46 points.   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 Rs 7,00,934.44 crore in five days.

Tata Steel was the biggest gainer among the 30-share BSE frontline companies' pack with a jump of 6.40 per cent, followed by Sun Pharma, L&T, M&M, Bajaj Finserv and PowerGrid.            In the broader market, the BSE small-cap index jumped 0.49 per cent and mid-cap gained 0.38 per cent.                "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.      

Sunday Edition

Talktime | ‘Singing is my passion & my first interest’

07 August 2022 | SUPRIYA RAMESH | Sunday Pioneer

Smile with confidence

07 August 2022 | DR RIYA GUPTA | Sunday Pioneer

A Pawfect Day

07 August 2022 | Pioneer | Sunday Pioneer

Book Shaman in the City is the thriller you were looking for

07 August 2022 | Pioneer | Sunday Pioneer

Masterstroke

07 August 2022 | Pioneer | Sunday Pioneer

How the role of leadership is changing

07 August 2022 | Pioneer | Sunday Pioneer