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Investors' wealth hits $2 trillion mark as stocks rally to all-time high

Total market cap of BSE-listed companies stood at Rs 1,29,24,327 crore during the late morning trade

Press Trust of India  |  New Delhi 

Consumer stocks' valuation at new high

Stock market investors' wealth today touched the USD 2 trillion mark, helped by a rally in the BSE benchmark Sensex, which soared to an all-time high of 31,639.53.

The total stood at Rs 1,29,24,327 crore (USD 2 trillion) during the late morning trade.

The soared 249.51 points to hit an all- time high of 31,639.53. The 30-share index has, so far, this year gained 4,994.42 points or 18.75 per cent.

From the 30-Sensex pack, 27 stocks were trading in the green led by TCS, Lupin, Tata Motors and ONGC.

The total market valuation of all listed firms on BSE had first hit Rs 100 trillion level on November 28, 2014.

RIL is the most valued Indian company with a market valuation of Rs 4,86,125.34 crore followed by TCS (Rs 4,63,630.88 crore), HDFC Bank (Rs 4,29,812.78 crore), ITC (Rs 4,03,148.08 crore) and HDFC (Rs 2,59,769.09 crore).

Meanwhile, rival National Stock Exchange (NSE) today faced technical glitches in the morning that led to trade disruptions.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Mon, July 10 2017. 14:58 IST