Market cap of BSE listed companies reached record level, know whether you should invest money in the market
The market capitalization i.e. market cap of BSE listed companies has reached an all-time high of Rs 280.52 lakh crore. The market capitalization has increased steadily in the stock markets. The market capitalization i.e. market cap of BSE listed companies has reached an all-time high of Rs 280.52 lakh crore. The market capitalization has increased steadily in the stock markets.
Staff Editor 
The market capitalization i.e. market cap of BSE listed companies has reached an all-time high of Rs 280.52 lakh crore. The market capitalization has increased steadily in the stock markets. The BSE 30-share Sensex closed at 60,298 points on Thursday, up 37.87 points or 0.06 per cent. Sensex has been in profit for the fifth consecutive day.
Market boom
The market capitalization of BSE-listed companies touched an all-time high of Rs 2,80,52,760.91 crore on Thursday amid a rally in the market. Earlier on January 17, the market capitalization of BSE listed companies was Rs 2,80,02,437.71 crore.
Let us tell you that the movement of the domestic stock market will be decided this week by the global trend, wholesale inflation data, capital inflow of foreign institutional investors and crude oil prices. Analysts have said this. Business days will be less this week due to the holiday. Investors will be eyeing the Wholesale Price Index (WPI) data to be released on Tuesday. Retail inflation increased by 6.71 percent in July and industrial production by 12.3 percent in June.
Know what experts say
Shrikant Chauhan, Head of Equity Research, Kotak Securities said that the financial results of the companies for the first quarter of the financial year 2022-23 are almost out. In such a situation, the eyes of the market will now be on concerns about inflation, policy rate move by the central bank, crude oil prices and slowdown in major economies.
The good thing for the stock market is that foreign institutional investors are now buying. In the first two weeks of August, he has invested Rs 22,450 crore. Vinod Nair, Head of Research, Geojit Financial Services, said that this week the market will be watching the inflation trend and the impact of the central bank's policy decision.
The BSE Sensex had gained 1,047 points or 1.83 per cent last week. At the same time, the Nifty of the National Stock Exchange had gained 300 points or 1.95 percent. Deepak Jasani, Head of Retail Research, HDFC Securities said that overall, when the Indian market opens on Tuesday, the trends of Friday and Monday in the US markets will be affected. He said that investors will also remember Jhunjhunwala's unwavering faith and confidence in India's growth story.
