Mcap of BSE-listed firms reach fresh record high of Rs 294.49 lakh crore

The market capitalisation of BSE-listed companies reached an all-time high of INR 294.49 lakh crore as the Sensex benchmark hit a record high of 63,588.31. The optimistic trend in equities allowed the market capitalisation of all firms listed on BSE to reach a peak, thanks to buying by index majors, HDFC twins and Reliance Industries. The Indian stock market has seen a solid rally in the last few months, especially within the mid- and small-cap ranges. Furthermore, positive foreign institutional investor flows, robust economic growth, strong earnings outlook, and robust demand from investors are driving investor confidence.

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