New Delhi, Jul 10 (PTI) Investor wealth touched the USD 2
trillion mark today as stock markets rallied, with BSE
benchmark Sensex touching a record high of 31,768.39 points
during the trading session.
At the close of trade, the market capitalisation (m-cap)
of all the BSE listed companies stood at Rs 1,29,60,905 crore
(USD 2 trillion). There are over 5,200 companies listed on
BSE, of which over 2,800 are traded actively.
The Sensex surged by over 355 points to record a new
closing high of 31,715.64, pushing up investor wealth rose by
Rs 1,45,731.93 crore from the previous close on Friday.
On the other hand, the 50-share NSE Nifty rose by 105.25
points, or 1.09 per cent, to 9,771.05, its record closing high
despite the country’s largest bourse halting trading for over
three hours due to technical glitch, leaving investors with no
real time updates.
From the 30-share BSE Sensex, 27 ended with gains led by
Bharti Airtel, TCS and Wipro. Sector-wise, BSE teck index
gained the most by rising 2.95 per cent, followed by IT index
2.92 per cent and PSU 1.74 per cent.
In tandem with overall trends, the broader markets too
turned bullish as buying activity gathered momentum lifting
the mid-cap index by 0.67 per cent and small-cap by 0.43 per
On BSE, 1,540 stocks advanced, while 1,112 declined and
157 remained unchanged.
As many as 157 stocks hit their 52-week high level today.
“After the technical delay in NSE, the broad market rose
to new heights supported by IT and pharma stocks which rose
on the heels of positive US job data,” said Vinod Nair, Head
of Research, Geojit Financial Services Ltd.
“On the other hand, investors are shifting their focus to
upcoming quarter earnings which will set the field for stock
specific movement,” he said.
The total market valuation of all listed firms on BSE had
first hit Rs 100 trillion level on November 28, 2014.
RIL is the most valued Indian company with m-cap of Rs
4,85,279.93 crore, followed by TCS (Rs 4,67,248.89 cr), HDFC
Bank (Rs 4,31,537.28 cr), ITC (Rs 4,04,970.91 cr) and HDFC (Rs
This is published unedited from the PTI feed.