New Delhi: The combined market capitalisation (M-cap) of all listed companies on BSE hit the $4.01 trillion-mark or over Rs 333 lakh crore on Wednesday, for the first time ever.
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The milestone was achieved on the back of optimism in equities, wrote news agency PTI. The market capitalisation of BSE-listed companies reached Rs 3,33,26,881.49 crore in morning trade, translating into USD 4 trillion at the exchange rate of 83.31, it added.
The BSE-listed firms hit the market capitalisation of USD 3-trillion mark On May 24, 2021. Market capitalisation of all listed companies on the BSE went past the USD 1-trillion level on May 28, 2007. While it charted the growth path from from USD 1 trillion to USD 1.5 in just over seven years on June 6, 2014.
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The M-cap of its listed companies reached USD 2 trillion on July 10, 2017 while it went past the USD 2.5-trillion mark on December 16, 2020.
Meanwhile, the Nifty reclaimed the 20,000 mark on Wednesday led by auto stocks.
