Live
- Sudanese army recaptures capital of Sinnar State in central Sudan
- Kishkindha Kaandam Review: Some movies prove not to compromise in having a good cinematic experience and this is one of them
- Son-rise: Hemant Soren grows taller as tribal leader, makes father proud
- ISL 2024-25: 10-man NorthEast United FC hold on to take three points vs Punjab FC
- BGT 2024-25: Jaiswal’s application, commitment to form a partnership was so impressive, says Gilchrist
- BGT 2024-25: Personally, I am very happy with my performance, says Harshit Rana
- Pakistan's Lahore remains world's most polluted city despite light drizzle
- Asha Nautiyal retains Kedarnath for BJP, to be back as MLA after 12 years
- India leads world in science, innovation research: Minister
- Flash flood in Indonesia's South Tapanuli claims two lives
BSE-listed cos' market cap hits $5 trillion mark for first time
For the first time, BSE-listed companies' total market capitalisation crossed the $5 trillion mark on May 21, following a run-up in midcap and small-cap stocks.
Mumbai: For the first time, BSE-listed companies' total market capitalisation crossed the $5 trillion mark on May 21, following a run-up in midcap and small-cap stocks.
In the last five months, BSE's market cap has increased by $633 billion. At the beginning of this year, the total market cap of BSE was $4.14 trillion.
The Indian market has been bullish for some time now. BSE benchmark Sensex is trading just below 1.5 per cent from the all-time high. While BSE midcap and smallcap indices are trading at an all-time high.
Since the beginning of 2024, Sensex has given returns of only 2.3 per cent, but BSE Midcap and BSE Smallcap indices have given returns of 16 and 11 per cent respectively.
BSE has reached $4 trillion to $5 trillion in just six months. BSE touched the $4 trillion for the first time in November 2023.
The Indian stock market ranks fifth in market capitalisation in the world with $5 trillion. America is in first place with a market capitalisation of $55 trillion, China is in second place with a market capitalisation of $9.4 trillion, Japan is in third place with a market capitalisation of $6.4 trillion and Hong Kong's stock market is in fourth place in the world with a market capitalisation of $5.4 trillion.
