Investor wealth of BSE stocks nears `100 lakh crore

With the benchmark Sensex witnessing a dream-run, total market valuation of Bombay Stock Exchange (BSE) listed companies has inched closer to Rs 100 lakh crore milestone. At present, the total market capitalisation (m-cap) of BSE listed companies stands at Rs 96,25,517 crore which is Rs 3.74 lakh short of Rs 100 lakh crore mark.

In terms of US dollar, the total market value of BSE listed companies has surged to USD 1.58 trillion at the current rupee rate of 60.65 against the Greenback.

Earlier, the total m-cap of domestic listed companies had reached a record USD 1.5 trillion in June this year.  Indian stock market investors are making big gains as the Sensex has gained 5,890.36 points or 27.82 per cent so far this year. The index has hit its all-time high of 27,354.99 on September 8 ‘The undercurrent of the stock market is very bullish. Markets are likely to sustain at current levels,’ an expert said.