highlights
Sensex had reached a high of 52 weeks today.
Nifty also created a new record level on Monday.
The market cap increased by Rs 100 lakh crore within 1 year.
New Delhi. Actress-turned-politician Kangana Ranaut has given her reaction on Indian stock making a new record. He tweeted on social media platform X and said that this has happened for the first time in Indian history. He said that the Indian market has increased its market cap by Rs 300 lakh crore in just 10 years. While doing this, Kangana has also given the figures of 2014 and 2024.
Kangana tweeted, “For the first time in Indian history, the market cap of companies listed on the Bombay Stock Exchange (BSE) is crossing Rs 400 lakh crore, this fourfold increase has happened in a span of only 10 years. March 2014 (Congress government) – Rs 100 lakh crore, April 2024 (Modi government) – Rs 400 lakh crore. 300 lakh crores in just 1 decade. Under the leadership of Indian Prime Minister Narendra Modi, both domestic and foreign investors are showing unwavering confidence in the Indian market.
For the first time in India’s history, the collective market capitalization of all listed firms on the Bombay Stock Exchange soars to ₹400 lakh crore, marking a remarkable quadruple expansion within a mere decade.
March 2014 (Congress Govt): ₹100 lakh crore
April 2024 (Modi…
— Kangana Ranaut (Modi Ka Parivar) (@KanganaTeam) April 8, 2024
What happened today?
The market capitalization of BSE listed companies reached an all-time high of Rs 401.10 lakh crore on Monday morning. This is the first time that the market capitalization of BSE-listed companies has crossed Rs 400 lakh crore. BSE’s 30-share index Sensex also reached its all-time high.
Last year the market was at Rs 300 crore
Sensex jumped 425.62 points in early trade to reach a record high of 74,673.84 points. Thanks to the rally in the market, the market capitalization (MCAP) of BSE-listed companies reached an all-time high of Rs 4,01,16,018.89 crore. The market capitalization of BSE-listed companies had reached the figure of Rs 300 lakh crore in July last year. This means that the Indian market has added Rs 100 lakh crore to its market cap in just 1 year.
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Tags: BSE, Kangana Ranaut, stock market
FIRST PUBLISHED: April 8, 2024, 20:40 IST