BSE M. Cap surges to an all-time high of $5.5 trillion; investor base touches 18.4 crore mark

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It was time just 10 days before Lok Sabha elections when market capitalization of BSE listed companies hit 5 trillion. But after the results were declared and forming of government by incumbent ruling party, the market took some sense of relief. Within 2 months post the election the market capitalization of BSE listed companies hit another half century, adding half a trillion dollar of wealth in investors pocket. The Bombay stock exchange M Cap reached an all-time high of $5.52 trillion or 4,62,41,770.77 crores , driven by solid gains across segments.]


The market rally has been driven by strong retail participation amid prospects of solid economic growth and anticipation of the start of the rate cut cycle by central banks around the world due to easing inflation and slowing economy. The Sensex hit its all-time high of 81908.43 on July 29 with around 18 crore investors putting their saving to work. Investor count has seen jump of 33% year-on-year with 8–10 lakh new investors are coming into the market every week.



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