Sep 1, 2016

Market cap of BSE companies at Rs 110 lakh crore (2016)

Market cap of BSE companies at Rs 110 lakh crore (2016)

Boosted by a strong stock market show today, the total market capitalisation (m-cap) of BSE-listed companies surged to an all-time high of Rs 110.7 lakh crore ($1.64 trillion). Following the sharp rally in stocks, investor wealth rose by Rs 1,39,948 crore to Rs 1,10,70,610 crore.

TCS is the most valued Indian company with a market valuation of Rs 5,02,202.97 crore, followed by Reliance Indu-stries Ltd (Rs 3,45,650.10 crore), HDFC Bank (Rs 3,22,240.25 crore), ITC (Rs 3,11,383.66 crore) and Infosys (Rs 2,39,111.94 crore).

Among the 30 Sensex companies, 29 scrips ended higher, led by Asian Paints and Bajaj Auto. Bharti Airtel fell by 2.82 per cent.

BSE is among the world’s 10 largest exchanges in terms of market value, while it is the biggest in terms of number of firms listed on its platform. Over 2,900 companies trade on BSE. On the exch-ange, 1,638 scrips adv-anced, while 1,073 dec-lined and 216 remained unchanged.