Mcap of BSE-listed firms at record high of Rs 297.94 trn; Sensex at peak
The market capitalisation of BSE-listed firms reached a record high of Rs 297.94 lakh crore in early trade on Monday as the benchmark Sensex hit the 65,000 mark for the first time ever amid bullish investor sentiments.
The BSE benchmark jumped 514.08 points to hit its record high of 65,232.64 in early trade. The benchmark has been rallying for the fourth straight trading session on Monday.
Thanks to the ongoing rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,97,94,780.47 crore in early trade.
On Friday, the market capitalisation of BSE-listed firms touched an all-time high of Rs 296.48 lakh crore.
From the Sensex pack, HDFC, HDFC Bank, UltraTech Cement, Tata Steel, Bajaj Finance, ICICI Bank, Mahindra & Mahindra, State Bank of India, Reliance Industries and Bajaj Finserv were the major gainers.
Power Grid, Maruti, Larsen & Toubro, Tech Mahindra, Axis Bank, Hindustan Unilever and Asian Paints were among the laggards.
In Asian markets, ..