Sensex Nifty at record high, BSE’s Mcap crosses Rs 400 lakh crore for the first time. Share Market Sensex nifty at

Image Credit Source: TV9 Graphics

The long-running historic rally in the Indian stock market still continues on the first day of the trading week. Due to the historic rally, the domestic stock market is continuously achieving new heights and making new records. On Monday also a new history has been registered in the name of the domestic market. In fact, on the first day of the trading week, the stock market is showing great growth. As soon as the market opened on Monday, BSE Sensex and Nifty made new record highs, which has filled the pockets of investors.

With the opening of the market, Sensex rose by more than 400 points to reach 74,658 points while NSE’s Nifty also jumped by more than 100 points to reach 22,623 points. With this, the market cap of BSE has crossed Rs 400 lakh crore for the first time. In early trade, 41 out of 50 Nifty stocks are showing a rise.

Sensex-Nifty at new high

The domestic stock market was successful in touching new highs on the first day of the new financial year 2024-25. The market set a new all-time high record shortly after opening. In early trading on Monday, Sensex has touched a new high of 74,673.84 points and Nifty has touched a new high of 22,630.90 points. Earlier during the last week also both the major indices had touched new peaks. During the last one year, the domestic market has grown in the range of 25 to 30 percent.

Upper circuit imposed on 198 shares

In early trading on Monday, shares of most of the companies listed on BSE were trading in profit. In the morning trade, shares of 3,289 companies were traded, out of which 1,936 shares were in profit, while 1,205 were in loss. Whereas 148 shares were stable. Today, 166 stocks trading in the green zone touched their highest level in the last one year. In today’s trading, 198 shares hit upper circuit. BPCL, Tata Steel, Axis Bank, Bajaj Finserv and Titan Company have seen the biggest rise in the market while Adani Ports, Apollo Hospitals, Wipro, Divi’s Laboratories and HDFC Bank have seen the most decline.

BSE’s Mcap crosses Rs 400 lakh crore

The overall domestic stock market benefited from the spectacular rally in all the stocks. According to the information available on the BSE website, the combined market capitalization of all the companies listed on BSE reached Rs 4,00,88,716.04 crore in the morning session. This is the first time that the mcap of any Indian stock market has crossed Rs 400 lakh crore.

If seen in dollars, the mcap of companies listed on BSE has now become 4.81 trillion dollars. The mcap of BSE had crossed $4 trillion for the first time at the end of November 2023. Now the figure has come very close to crossing 5 trillion dollars in just 4 months. After BSE, NSE had also crossed the $4 trillion mark in the beginning of December 2023.

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Brijesh Pratap
Brijesh Pratap

Hi, I am Brijesh Pratap, a content creator and WordPress website designer, I have been in content writing for more than 3 years. I specialize in creating engaging articles. As a WordPress expert, I design websites for businesses and bloggers, aiming for both visual appeal and impactful content. Join me on this journey of creative exploration and effective online solutions.

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