The total valuation of companies listed on the BSE crossed the $4 trillion mark to reach $4.01 trillion or Rs 333 lakh crore on Wednesday.
The market capitalization of the domestic stock exchange has jumped by more than $500 billion since the beginning of the year
Amid an ongoing rally in the stock market, the total valuation of BSE-listed companies has crossed the $4 trillion mark to reach $4.01 trillion or Rs 333 lakh crore. The stock market’s mcap has jumped more than $500 billion since the beginning of the year.
With a market capitalization (mcap) of almost $48 trillion, the US is currently the largest stock market in the world, followed by China ($9.7 trillion) and Japan ($6 trillion).
However, the Sensex is 2 percent off its lifetime high. The 30-share benchmark BSE touched its all-time high of 67,927.23 on September 15 this year. While the BSE benchmark Sensex has gained 5,333.46 points or 8.76 per cent so far this year, the market capitalization (mcap) of all listed companies on its platform has risen around Rs 50 lakh crore.