You are here: Home » Markets » News
Business Standard

Markets rally: Mcap of BSE-listed firms touch record high of Rs 277.22 trn

The market capitalisation of BSE-listed companies reached another fresh record on Wednesday, rallying to a lifetime high of over Rs 277.22 trillion

market capitalisation | mcap

Press Trust of India  |  New Delhi 

markets, stock market, m-cap, market capitalisation, sensex, correction, nifty, shares, growth, profit, economy, gain

The of BSE-listed companies reached another fresh record on Wednesday, rallying to a lifetime high of over Rs 277.22 lakh crore.

Investors' wealth also soared by Rs 6,08,024.55 crore in four days.

The BSE benchmark extended its winning momentum for the fourth straight session on Wednesday and jumped 533.15 points or 0.88 per cent to settle at 61,150.04.

In four days, the 30-share benchmark has jumped 1,548.2 points.

Tracking this optimism, the of BSE-listed firms jumped to an all-time high of Rs 2,77,22,916.43 crore on Wednesday.

"edged higher and gained nearly a per cent, in continuation to the prevailing up move. Upbeat global cues led to a firm start however mixed trends across sectors capped the movement thereafter," said Ajit Mishra, VP - Research,

Religare Broking Ltd.

Among the 30-share frontline companies, M&M, Bharti Airtel, RIL, IndusInd Bank and ICICI Bank were the lead gainers.

In the broader market, the BSE midcap settled 1.08 per cent higher and smallcap gained 0.70 per cent.

"Led by realty, auto, energy and banking stocks, benchmark indices continued its winning streak for the 4th consecutive day despite fast spread of covid cases," Vinod Nair, Head of Research at Geojit Financial Services said.

(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.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 12 2022. 19:12 IST