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Indian Equity Market Enters Coveted USD 4 Trillion Club For 1st Time Ever


The 30-share benchmark hit its all-time peak of 67,927.23 on September 15 this yr.

New Delhi:

The mixed market valuation of all listed corporations on the main inventory trade BSE reached the USD 4-trillion milestone for the primary time ever at this time.

The 30-share BSE Sensex climbed 305.44 factors to 66,479.64 in early commerce after starting the day on a optimistic notice.

Because of the optimism in equities, the market capitalisation of BSE-listed corporations reached Rs 3,33,26,881.49 crore in morning commerce, translating into USD 4 trillion on the trade price of 83.31.

Whereas the BSE benchmark Sensex has rallied 5,540.52 factors or 9.10 per cent to date this yr, the market capitalisation (m-cap) of all listed corporations at its platform have jumped about Rs 50.81 lakh crore.

The 30-share benchmark hit its all-time peak of 67,927.23 on September 15 this yr.

The opposite markets valued greater than USD 4 trillion of m-cap embrace the US, China, Japan and Hong Kong.

On Might 24, 2021, the market capitalisation of all listed corporations on the BSE touched the USD 3-trillion mark.

The trade had seen listed corporations’ valuation going previous the USD 1-trillion degree on Might 28, 2007.

The journey from USD 1 trillion to USD 1.5 trillion was coated in 2,566 days or simply over seven years on June 6, 2014.

The m-cap of its listed corporations reached USD 2 trillion on July 10, 2017 — taking 1,130 days from the USD 1.5-trillion degree.

From there, it took 1,255 days to go previous the USD 2.5-trillion mark on December 16, 2020.
 

(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)

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