Stock market investors have become richer by over Rs 2,00,000 crore in just six trading sessions during the Sensex’s leap from the 16,000 to 17,000, taking the total valuation of the market to Rs 51,19,729 crore.
The total market capitalisation of all the companies listed on the Bombay Stock Exchange stood at about Rs 49,17,402 crore on September 19 when the Sensex hit the 16,000 level for the first time in history. At the end of Wednesday’s the total market cap of all the firms on the BSE soared to Rs 51,19,729.07 crore, data available with the exchange shows. The day’s rally for 17K milestone has made investors richer by over Rs 2,02,000 crore, despite the Sensex ending lower.
Out of the two-trillion rupee gain registered during this period, majority is contributed by the biggest blue-chip firms on the Sensex. The collective market cap of 30 Sensex scrips on Wednesday stood at Rs 22,12,256.59 crore as against Rs 21,32,443 crore on September 19.