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Mcap of BSE at new record high of Rs. 252.68 lakh cr

Investors’ wealth rises by Rs2.54 cr on Thursday

image for illustrative purpose

Investors’ wealth rises by Rs2.54 cr on Thursday
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2 Sept 2021 11:48 PM IST

New Delhi: The market capitalisation (mcap) of BSE-listed companies jumped to an all-time high of Rs252.68 lakh crore on Thursday as indices closed at fresh peaks. The improved sentiment helped the market capitalisation of BSE-listed companies jump to a record Rs 2,52,68,939.38 crore at close of trade. Investors' wealth rose by Rs2,53,612.77 crore. "Markets were back in action after Wednesday's small correction," said Shrikant Chouhan, executive vice-president, Equity Technical Research, Kotak Securities.

TCS was the biggest gainer among the 30 frontline companies with a jump of 3.34 per cent, followed by Hindustan Unilever Limited, UltraTech Cement and Nestle India. In contrast, M&M, Bajaj Auto, Bajaj Finserv and Bajaj Finance were among the laggards. In the broader market, the BSE midcap and smallcap indices gained up to 0.93 per cent. The market capitalisation of BSE-listed companies went past the Rs 250 lakh crore mark on August 31.

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