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BSE market cap crosses Rs 80,00,000 crore

May 16, 2014 12:52 IST

The cumulative m-cap of the companies listed on the BSE soared to a new peak of Rs 82,02,907 crore at 1200 hours.

A rally in the country's stock market on Friday pushed the total investor wealth past the Rs 80,00,000 crore milestone for the first time in its history.

The cumulative market capitalisation of all the 5,373-odd companies listed on the Bombay Stock Exchange (BSE), soared to a new peak of Rs 82,02,907 crore at 1200 hours.

BSE's benchmark 30-share index, S&P BSE Sensex, rose to a new peak of 25,376 points in intra-day trades.

ICICI Bank, Oil and Natural Gas Corporation (ONGC), ITC, Tata Motors, HDFC Bank, HDFC, Axis Bank, Hero MotoCorp, Mahindra and Mahindra (M&M) and Maruti Suzuki India from the BSE 30-share Sensex have hits their respective new high.

Ambuja Cements, UltraTech Cement, YES Bank, Axis Bank, Apollo Tyres, LIC Housing Finance and Titan Company are among other notable stocks from BSE-500 index touched record high.

As many as 17 companies have market capitalization of more than Rs 100,000 crore each. Tata Consultancy Service (TCS), Reliance Industries, ONGC and ITC have market capitalization between Rs 300,000 –Rs 430,000 crore.

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