M-cap of BSE-listed firms hit an all-time high of Rs 125 lakh crore
DSIJ Intelligence / 26 Apr 2017
The aggregate market valuation of the companies listed on BSE touched an all time high of over Rs 125 lakh crore on April 25, 2017, pushed by strong gains in the broader market.The market capitalisation (m-cap) of BSE listed companies also surged to Rs 1,25,53,561 crore.
The aggregate market valuation of the companies listed on BSE touched an all time high of over Rs 125 lakh crore on April 25, 2017, pushed by strong gains in the broader market.The market capitalisation (m-cap) of BSE listed companies also surged to Rs 1,25,53,561 crore.
The BSE 30 share Sensex increased by 287 points with 24 scrips ending higher than their previous values. The following Sensex hit a three week high of 29,943.24, after fluctuating between 29,961.82 and 29,780.84.
The m-cap of BSE companies increased over Rs 124 lakh crore on April 24, 2017, and the investor wealth surged by Rs 1.11 lakh crore on April 26, 2017. The m-cap index touched its all time high of 14,787.81 intraday. The Small-cap index also gained its all time high at 15,431.44 during the day. 293 stocks out of the total touched their 52-week high on BSE on April 25, 2017.
Telecom stocks increased by 2.62 per cent, FMCG increased by 1.67 per cent and Realty rose by 1.26 per cent, among all the BSE sectoral and industry indices. While 1,477 stocks advanced, 1,446 declined and 157 remained unchanged on the BSE on April 25, 2017.
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