Market cap of BSE listed firms hits new high
The total market capitalization of BSE-listed companies touched a new high of Rs 137.56 lakh crore on Thursday.
 "Market cap of BSE listed firms hits new high")
premium
The total market capitalization of BSE-listed companies touched a new high of Rs 137.56 lakh crore on Thursday, after a strong gain in heavyweight stocks like Reliance Industries (RIL) and Tata Consultancy Services (TCS).
Investor wealth of BSE-listed firms, measured by market capitalisation (m-cap), had seen a previous record high of Rs 136.88 lakh crore scaled on September 19, 2017, the BSE data shows.
RIL closed record high of Rs 873 on the BSE ahead of its July-September quarter (Q2FY18) results tomorrow. The company’s m-cap gained by Rs 20,328 crore to Rs 5.52 lakh today. TCS is scheduled to declare its Q2FY18 results today, has seen m-cap gain of Rs 9,195 crore in single day.
The two recently listed insurance companies SBI Life Insurance Company and ICICI Lombard General Insurance added Rs 1-lakh crore in total m-cap, also led the BSE m-cap to hit new high.
In absolute terms, another seven stocks – Coal India, Avenue Supermarts (D-Mart), Adani Transmission, Bharti Infratel, NTPC, Sun Pharmaceutical Industries and Oil and Natural Gas Corporation (ONGC) have contributed more than Rs 5,000 crore each in m-cap increase since September 19, 2017.
The benchmark S&P BSE Sensex ended 1% higher at 32,182 today, is less than 2% away from its all-time high level of 32,686 touched on August 2, in intra-day deal.
Investor wealth of BSE-listed firms, measured by market capitalisation (m-cap), had seen a previous record high of Rs 136.88 lakh crore scaled on September 19, 2017, the BSE data shows.
RIL closed record high of Rs 873 on the BSE ahead of its July-September quarter (Q2FY18) results tomorrow. The company’s m-cap gained by Rs 20,328 crore to Rs 5.52 lakh today. TCS is scheduled to declare its Q2FY18 results today, has seen m-cap gain of Rs 9,195 crore in single day.
The two recently listed insurance companies SBI Life Insurance Company and ICICI Lombard General Insurance added Rs 1-lakh crore in total m-cap, also led the BSE m-cap to hit new high.
In absolute terms, another seven stocks – Coal India, Avenue Supermarts (D-Mart), Adani Transmission, Bharti Infratel, NTPC, Sun Pharmaceutical Industries and Oil and Natural Gas Corporation (ONGC) have contributed more than Rs 5,000 crore each in m-cap increase since September 19, 2017.
The benchmark S&P BSE Sensex ended 1% higher at 32,182 today, is less than 2% away from its all-time high level of 32,686 touched on August 2, in intra-day deal.
| Price on BSE in Rs | M-cap Rs crore | ||||
| Company | 11/10/2017 | 12/10/2017 | % chg | 12/10/2017 | Gain* |
| Reliance Ind | 840.40 | 872.50 | 3.82 | 552,515 | 20327 |
| TCS | 2500.50 | 2548.55 | 1.92 | 487,869 | 9198 |
| HDFC Bank | 1790.40 | 1815.45 | 1.40 | 469,112 | 6473 |
| Hindustan Unilever | 1217.40 | 1238.20 | 1.71 | 268,008 | 4502 |
| Bharti Infratel | 410.60 | 432.55 | 5.35 | 80,005 | 4060 |
| Avenue Supermarts | 1214.60 | 1269.35 | 4.51 | 79,218 | 3417 |
| Sun Pharma | 525.80 | 539.40 | 2.59 | 129,418 | 3263 |
| Hindalco | 249.30 | 263.60 | 5.74 | 59,160 | 3209 |
| Kotak Mahindra Bank | 1044.05 | 1058.40 | 1.37 | 201,519 | 2732 |
| Maruti Suzuki | 7820.05 | 7904.40 | 1.08 | 238,776 | 2548 |
| Hindustan Zinc | 309.20 | 314.80 | 1.81 | 133,012 | 2366 |
| Vedanta | 313.70 | 319.70 | 1.91 | 118,839 | 2230 |
| Axis Bank | 515.55 | 524.65 | 1.77 | 125,795 | 2182 |
| Britannia Ind | 4378.50 | 4558.15 | 4.10 | 54,721 | 2157 |
| ITC | 265.40 | 267.00 | 0.60 | 325,302 | 1949 |
| Market-cap gain in Rs crore over October 10, 2017 | |||||
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%