Indian Equity Market Enters Coveted USD 4 Trillion Club For 1st Time Ever
NDTV
While the BSE benchmark Sensex has rallied 5,540.52 points or 9.10 per cent so far this year, the market capitalisation (m-cap) of all listed firms at its platform have jumped about Rs 50.81 lakh crore.
The combined market valuation of all listed companies on the leading stock exchange BSE reached the USD 4-trillion milestone for the first time ever today.
The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note.
Thanks to the optimism in equities, the market capitalisation of BSE-listed companies reached Rs 3,33,26,881.49 crore in morning trade, translating into USD 4 trillion at the exchange rate of 83.31.
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