Economy News

The stock market valuation of BSE-listed companies hit a lifetime high of 301.10 lakh cr. – Mintpaisa

Foreign institutional investors (FIIs) continued their buying activity by buying shares worth ₹1,603.15 crore on July 5, according to data from the exchange.  To file

Foreign institutional investors (FIIs) continued their buying activity by buying shares worth ₹1,603.15 crore on July 5, according to data from the exchange. File | Photo credit: PTI

The market capitalization (m-cap) of BSE-listed companies hit a lifetime high of ₹301.10 lakh crore in morning trading on July 6, driven by a positive trend in domestic equities. The 30-share BSE Sensex jumped 185.37 points or 0.28% to 65,631.41 in morning trading.

The BSE benchmark had jumped more than 2,500 points in its record rally from June 26 to July 4. The Sensex reached its all-time high of 65,672.97 on July 4. .

Read also | Sensex and Nifty hit new record highs in early trading

Of the Sensex pack, Reliance Industries quoted over 2% more. Power Grid, Nestle, Larsen & Toubro, UltraTech Cement, NTPC, Axis Bank, Asian Paints and Tata Motors were among the other top winners. IndusInd Bank, Bajaj Finance, Tata Steel, Maruti, HDFC and HDFC Bank were among the laggards.

Foreign institutional investors (FIIs) continued their buying activity by buying shares worth ₹1,603.15 crore on July 5, according to data from the exchange. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. US markets ended in negative territory on July 5.

The global oil benchmark, Brent, fell 0.21% to $76.49 a barrel.

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