Indian stock market is all-time high record

Apr Mon 2024 02:16:04

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Indian stock market is all-time high record

Kathmandu: Indian Stock market set an all time high record in the  first time in history, the market capitalization of companies listed on the Bombay Stock Exchange (BSE) in India has crossed 400 lakh crore Indian rupees (Bharu). On Monday morning, the total market capitalization of the companies listed on the BSE reached 401.10 lakh crores or 48.1 trillion US dollars, Indian Express mentioned.

The Sensex index, which measures the 30 largest companies listed on the BSE, also reached an all-time high. By Monday afternoon, the Sensex rose by 525 points to an all-time high of 74,773. The market capitalization of BSE has reached a historic high after the prices of the listed companies reached a high speed.

Earlier, in July 2023, the market capitalization of the companies listed on the BSE had reached over 3 lakh crores. On the other hand, another stock market index of India, Nifty 50, also reached a record high point on Monday.

The Nifty index rose 161 points to an all-time high of 22,675 by Monday afternoon. Indian stock market is also affected by the international market. In particular, the US stock market improved on Friday. Following that, the Indian stock market also increased on Monday.