In just seven years, the BSE market cap has doubled from 100 lakh crores to 219 lakh crores.
Market cap crossed $ 3 trillion for the first time.
Today the stock market has set a new record. For the first time in history, the market cap of BSE listed companies crossed the $ 3 trillion level. On the first day of the week, the Sensex gained 111 points to 50652 and the Nifty gained 22 points to close at 15197. The market cap of BSE listed companies closed at the level of 218.94 lakh crore today, which also reached the level of 219 lakh crore once during the business.
BSE Managing Director and CEO Ashish Kumar Chauhan tweeted and congratulated everyone on this historic occasion. He wrote in his tweet that for the first time during intraday, the market cap reached the level of 3 trillion dollars. For this, he thanked 6.9 crore registered investors, more than 1400 brokers, more than 69 thousand mutual fund distributors and 4700 companies. Due to the rise of the last two days, there has been a rise of 3.30 lakh crores in the assets of the investors.
Market capitalization of equities of listed companies on @bseindia reached USD 3 trillion intra day for the first time ever. A great milestone on a long journey. Congratulations to all 6.9 crore+ registered investors, 1400+ brokers,69,000+ MF distributors and 4700 + companies.
— Ashish Chauhan (@ashishchauhan) May 24, 2021
On November 28, 2014, nearly 7 years ago, the market cap of BSE listed companies crossed the 100 lakh crore mark. Today, SBI, L&T, Axis Bank, Power Grid, ITC and Maruti were the top gainers on the Sensex. On the other hand, shares of Titan, IndusInd Bank, Mahindra & Mahindra, Hindustan Unilever and Ultratech Cement were the top losers.