Record excessive! Market capitalization of BSE listed corporations contact Rs 200 lakh crore

Image Source : FREEPIK.COM Market capitalization of BSE listed equites contact Rs 200 lakh crore 
The complete market capitalization of all BSE listed corporations touched Rs 200 lakh crore for the primary time on Thursday. According to particulars obtainable on BSE’s web site, the market capitalization is Rs 2,00,49,756.78.

The variety of corporations traded are 3,128. There are 6,09,61,846 registered traders, the info on BSE exhibits.

The inventory markets have scaled a brand new excessive after Finance Minister Nirmala Sitharaman introduced the Union Budget on February 1. In the final 4 buying and selling periods together with the day Union Budget 2021-22 was tabled, traders have added greater than Rs 7.7 lakh crore.

Meanwhile, the BSE jumped 359 factors to scale a contemporary lifetime excessive on Thursday. It touched an all-time excessive of fifty,687. The index ended 358 factors (0.71 per cent) excessive at its new closing document of fifty,614.29.

Similarly, the broader NSE Nifty completed 105 factors or (0.71 per cent) greater at its closing peak of 14,895. It touched an intra-day document of 14,913.

Strong shopping for in banks, particularly PSBs, and FMCG area supported the market rally. ITC was the highest gainer within the Sensex pack, hovering round 6 per cent. It was adopted by SBI, Bajaj Finance, ONGC, M&M, Kotak Bank, ExtremelyTech Cement, NTPC and Bajaj Finserv. On the opposite hand, Asian Paints, IndusInd Bank, Bharti Airtel, Tech Mahindra and Titan had been among the many laggards.

READ MORE: 100% Return: Sensex soars from 25,600 to 50,000 in simply 10 months
Latest Business News