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Apple Inc now wealthier than all Sensex companies put together

The 30% gain in Apple shares this year has taken its m-cap to nearly $800 bn, more than Sensex m-cap

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A customer buys the new iPhone 7 smartphone inside an Apple Inc. store in Los Angeles (Photo: Reuters)

Pavan Burugula Mumbai
The recent rally in the share price of Apple Inc has taken the market capitalisation of the technology giant to more than $797 billion at 10 PM IST, making it bigger than the combined market cap of all the 30 Sensex companies put together.

India’s bluechip index closed at a market cap of $784 billion, based on Monday's share prices. Apple, the most valuable company in the world, is the only company to have a higher market cap than that of the Sensex companies together. The Sensex accounts for 40 per cent of India’s total market cap.

Apple is also