BSE regains Rs 100-trillion mark; slips again at closing bell

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Press Trust of India Mumbai
Last Updated : Dec 03 2014 | 4:40 PM IST
Leading stock exchange BSE today regained Rs 100 trillion mark in terms of total market wealth of all listed firms, but slipped marginally below this level in the end.
The milestone was reached for the first time in intra-day trade on Friday last week, but the overall market cap, also known as total investors' wealth, had slipped marginally below this level at the end of trading session that day.
At the close of today's trading session, the total BSE market cap stood at Rs 99,63,758 crore, as against a peak of Rs 1,00,40,408 crore or Rs 100.4 trillion scaled just a few minutes earlier.
The benchmark index Sensex ended flat with a marginal fall of 1.30 points at 28.442.71, but 17 out of the 30 Sensex stocks ended the day with gains. Overall, more than 200 stocks hit their 52-week highs on the BSE today.
BSE is among the world's ten largest exchanges in terms of market value, while it is the largest globally for number of firms listed on its platform. It has over 4,000 actively traded companies and nearly 2.7 crore investors trade on it.
In US dollar terms, the BSE market cap now stands at over USD 1.6 trillion and it has added more than USD 500 billion (Rs 29 lakh crore) this year itself.
The total market cap has more than doubled in the last five years from Rs 50 lakh crore in 2009, while it has grown ten-times since first scaling Rs 10 lakh crore level in 2003.
The Sensex has gained by about one-third so far this year, while the 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50 per cent or about Rs 47 lakh crore of total investor wealth.
This includes TCS, the country's most valued firm and the only entity to have a market value of over Rs 5 lakh crore, followed by state-run ONGC and private sector behemoth Reliance Industries with market caps of over Rs 3 lakh crore each.
Six companies -- ITC, Infosys, SBI, HDFC Bank, Coal India and ICICI Bank -- have market cap of over Rs two lakh crore each, while that of 11 others (HDFC, Sun Pharma, HUL, Bharti Airtel, L&T, Wipro, Tata Motors, Axis Bank, NTPC, HCL Tech and Maruti) is over Rs one lakh crore.
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First Published: Dec 03 2014 | 4:40 PM IST

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