The current market cap of all BSE listed companies stands at Rs.1,00,29,073 crore. Earlier, the same was seen above this level at Rs.1,00,93,395 crore on January 1, 2016.
Amidst increasing volatility in the Indian stock markets due to weak global economic cues, gyrating prices of certain commodities and weakening rupee against the US dollar, the investors have been on a bumpy ride in 2016 so far.
In the wake of shrinking profitability of India Inc., and rising NPAs of banks, some respite is seen for the market as the total market capitalization of BSE listed firms has crossed Rs.100 lakh crore-mark today, in the early trades.
The current market cap of all BSE listed companies stands at Rs.1,00,29,073 crore. Earlier, the same was seen above this level at Rs.1,00,93,395 crore on January 1, 2016.
In CY 2016, the Sensex has risen 3.24% so far. The index has tumbled to a low of 22,495 on the day when the NDA government had announced the Union Budget for FY17. However, since then, the market barometer has sharply surged nearly 17%.
In the wake of shrinking profitability of India Inc., and rising NPAs of banks, some respite is seen for the market as the total market capitalization of BSE listed firms has crossed Rs.100 lakh crore-mark today, in the early trades.
The current market cap of all BSE listed companies stands at Rs.1,00,29,073 crore. Earlier, the same was seen above this level at Rs.1,00,93,395 crore on January 1, 2016.
In CY 2016, the Sensex has risen 3.24% so far. The index has tumbled to a low of 22,495 on the day when the NDA government had announced the Union Budget for FY17. However, since then, the market barometer has sharply surged nearly 17%.
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