Stock market makes another all time high on April 8
The long-running historic bull run in the Indian stock market still continues. In this historic rally, the domestic stock market is continuously achieving new heights and making new records. After achieving a new all-time high in the new financial year, a new history has been registered in the name of the domestic market on Monday. This is the first time in history that the combined mcap of companies listed on BSE has crossed Rs 400 lakh crore.
Sensex-Nifty at new high level
The domestic stock market was successful in touching new highs on the first day of the new financial year 2024-25. The market set a new all-time high record shortly after opening. In early trading on Monday, Sensex has touched a new high of 74,759.96 points and Nifty has touched a new high of 22,663.70 points. Earlier during the last week also both the major indices had touched new peaks. During the last one year, the domestic market has grown in the range of 25 to 30 percent.
Upper circuit imposed on 198 shares
In early trading on Monday, shares of most of the companies listed on BSE were trading in profit. In the morning trade, shares of 3,289 companies were traded, out of which 1,936 shares were in profit, while 1,205 were in loss. Whereas 148 shares were stable. Today, 166 stocks trading in the green zone touched their highest level in the last one year. In today’s trading, 198 shares hit upper circuit.
BSE’s MCAP reached this level
The overall domestic stock market benefited from the spectacular rally in all the stocks. According to the information available on the BSE website, the combined market capitalization of all the companies listed on BSE reached Rs 4,00,88,716.04 crore in the morning session. This is the first time that the mcap of any Indian stock market has crossed Rs 400 lakh crore.
Knocking on the threshold of 5 trillion dollars
If seen in dollars, the mcap of companies listed on BSE has now become 4.81 trillion dollars. The mcap of BSE had crossed $4 trillion for the first time at the end of November 2023. Now the figure has come very close to crossing 5 trillion dollars in just 4 months. After BSE, NSE had also crossed the $4 trillion mark in the beginning of December 2023.
