Market cap of BSE-listed firms hit lifetime high of Rs 443 trillion

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The market capitalisation of BSE-listed firms hit a lifetime high of Rs 4,43,05,344.36 crore on Monday, driven by a rebound in equities, where the benchmark Sensex ended at a new all-time peak.

The market capitalisation of BSE-listed firms hit a new record high of Rs 4,43,05,344.36 crore (USD 5.31 trillion) amid an optimistic trend in equities.

"The domestic market sustained its upward momentum, with a reduction in the US PCE inflation raising hopes for a rate cut by the FED in September.

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Category: BusinessFinance

Markets: India

Topics: BSE Listed firms Rs 443 lakh crore Stock market Lifetime high Investment Mcap

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 19:24:52 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 505 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21442699

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