Indian BSE market cap hits USD 4 trillion dollars

Stocks listed on the Bombay Stock Exchange (BSE) reached 333 lakh crore, with a market capitalization of US$ 4 trillion. This is 333 Lakh Crores in Indian Rupees.

Mumbai BSE (INDIA)

What is the market capitalization of the BSE in 2023

Earlier, the BSE Sensex gained 305.44 points to close at 66,479.64 in early morning trading hours.

It is noteworthy that the Sensex index reached a maximum of 67,927.23 points on September 15.

This feat is happening for the first time in the history of Mumbai Stock Exchange. On November 29, 2023, the market capitalization of shares listed on the Mumbai Stock Exchange reached USD 4 trillion. Subsequently, India's Mumbai Stock Exchange has reached a market value of 4 trillion dollars, next to the US, China, Japan and Hong Kong stock markets.

Passed through. 1 trillion on 28 May 2007. 2 trillion on 10 July 2017. 3 trillion on 24 May 2021. 4 trillion on 29 November 2023.

In the current year, while the index has increased by only 5,540.52 points so far, the total market capitalization of the listed companies is Rs. 50.81 lakh crore has increased.

This achievement has been attributed to growth in the Indian economy, performance of listed companies and investor confidence.

Comments

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed. Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning. Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

No tax on gold, gold prices plummet

New Delhi, Aug. 13-Gold prices fell by nearly two percent in the international market yesterday after US President Trump announced that there would be no tax on gold. Gold price gold price fall reasons The US Customs Department issued a statement last week that the tax would also apply to gold bars . Following this, prices rose sharply. The price of one ounce of gold, i.e. about 28.35 grams, reached a new high of Rs 3 lakh. White House sources said at the time that the tax would be applicable and that an official clarification would be made soon. Following this, Trump announced on his Truth Social social networking site the day before yesterday that 'there will be no tax on gold '. This announcement allayed investors' fears regarding price hike, leading to high selling of gold. Following this, the price of one ounce of gold fell below Rs 2.90 lakh. The international market situation was also reflected in India. In the last 2 days in Chennai, the price of 22-ka...

22k jewelers

Search This Blog