BSE m-cap at Rs 100
trillion;
investor wealth up 10 times in decade
investor wealth up 10 times in decade
MUMBAI: Scaling a new
peak, the total investor wealth in Indian stock market today hit a record high
of Rs 100 trillion, marking a jump of ten times in little over a decade.
Measured in terms of
total market capitalisation of all listed companies on the country's biggest
bourse BSE, the overall investor wealth in the Indian stock market rose to Rs
100.01 lakh crore in early morning trade at 1005 hours as benchmark Sensex
soared by over 300 points in its continuing record rally.
The total market cap
of all BSE listed companies had crossed Rs 10 lakh crore mark nearly 11 years
ago in 2003, while it has doubled from about Rs 50 lakh crore five years ago in
2009.
The 30 Sensex
companies alone, which are among the biggest companies in the country, now
account for nearly 50 per cent or about Rs 47 lakh crore of total investor
wealth.
This included TCS, the
country's most valued firm and the only entity to have a market value of over
Rs 5 lakh crore, followed by state-run ONGC and private sector behemoth
Reliance Industries with market caps of over Rs 3 lakh crore each.
Those commanding market cap of over Rs 2 lakh crore include ITC, Infosys, HDFC
Bank, SBI and Coal India. Besides, ICICI Bank, HDFC, Sun Pharma, HUL, Bharti
Airtel, L&T, Wipro, Tata Motors, HCL Tech, NTPC and Axis Bank have market
cap of over Rs 1 lakh crore each. Among these, ICICI Bank is very close to
moving into Rs 2 lakh crore club.
Of the overall stock market wealth, promoters command nearly 50 per cent share,
while foreign investors own close to 20 per cent and the rest is shared between
institutional and retail investors from India.
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