Key Points
The combined market capitalisation of BSE-listed companies hit the $5-trillion milestone for the first time on Tuesday...
At the close of trade, the total valuation of the exchange-listed companies stood at an all-time high of Rs 4,14,62,306.56 crore ($4.97 trillion), the BSE data showed...
Market regulator Sebi has revamped the method for calculating the market capitalisation of listed entitiesInstead of using the market capitalisation of a single day (currently March 31), listed firms will now use the average market capitalisation for a six-month period, which would more accurately reflect the market size of the entity..
The market capitalisation of companies listed on the BSE has crossed a record $5 trillion for the first time hitting a fresh high on May 21. India became the fifth largest marketcap country after the US, China, Japan, and Hong Kong, said Deepak Jasani, Head of Retail Research, HDFC Securities...
The combined market valuation of all listed companies on the BSE reached the $4-trillion milestone for the first time ever on November 29 last year...
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