The market capitalization of BSE listed companies crossed five trillion dollars for the first time

Market Cap: Amid volatile trading in the domestic stock market, the total market capitalization of BSE-listed companies crossed the five trillion dollar mark for the first time. According to data available on the BSE platform, the total market capitalization of listed companies at the end of the trading session was Rs 4,14,62,306.56 crore ($4.97 lakh crore). This is its highest ever record. However, during the trade, the market valuation of listed companies also crossed five trillion dollars for the first time. The market capitalization of BSE Sensex-listed companies hit a new high on May 21, said Deepak Jasani, head of retail research at HDFC Securities, the country with the fifth largest market capitalization. With this, India became the fifth largest country by market capitalization after the US, China, Japan and Hong Kong. On November 29 last year, the market valuation of BSE-listed companies crossed the $4 trillion mark for the first time. At the same time, the market reached three trillion dollars for the first time on May 24, 2021. Paytm's fourth-quarter loss widened by Rs 550 crore as the impact of the RBI's ban on business reached two lakh crore for the first time on July 10, 2017. 10, 2017, whereas on May 28, 2007, it touched the one trillion dollar mark. The stock market has been on a volatile trend for the past few months. So far in 2024, BSE's benchmark index Sensex has gained 1,713.05 points or 2.37 percent. During this period, on April 9, the Sensex touched 75,124.28 points. Strong interest in Post Office's RD scheme, Rs. 3000 for bumper profit on investment. The post BSE Listed Companies' Market Value Crosses $5 Lakh Crore For The First Time