Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC

Walmart-owned digital payments firm PhonePe has distributed ESOPs (employee stock ownership plans) worth $200 million among its 2,200 employees. Read top news with Business Standard

Red-hot rally: BSE firms' market capitalisation crosses Rs 200 trillion

The sum of the market value of BSE-listed companies crossed Rs 200 trillion for the first time, on Thursday. The feat comes a day after the S&P BSE Sensex closed above the coveted 50,000-mark. The Sensex, on Thursday, ended at 50,614.29, up 358.54 points.

The combined market capitalisation of the National Stock Exchange of India-listed companies was a shade lower at Rs 199.1 trillion, based on Thursday's closing. Read more

How RBI plans to revive PMC Bank through a three-pronged strategy

If the revival formula works