Mumbai:
The Bombay Stock Exchange (BSE) has crossed the $1 trillion
mark in terms of market capitalisation of all the companies
listed on the bourse. The combined market value of all
the firms listed on BSE rose to Rs40,52,121.32 crore (slightly
over $1,000 billion), based on an exchange rate of Rs40.51
for one US dollar.
This
represents a sharp gain of about 60 per cent in the combined
market cap of all BSE listed firms from $625 billion a
year ago. However, the gain is relatively lower in rupee
terms -- the market cap has gained just 42 per cent in
the same period from about Rs28,40,000 crore a year ago.
In
2007 so far, the market cap has gained 23 per cent in
dollar terms from $812 billion at the end of last year.
In rupee terms, it has gained 12 per cent from Rs36,24,000
crore at 2006-end.
The
country''s 30 top blue-chip firms, which make the benchmark
index Sensex, contribute about 47 per cent of the total
market cap.
The
collective investor wealth in the 30 Sensex firms rose
to Rs18,82,611.83 crore (about $465 billion). It represents
a sharp gain of nearly 59 per cent from $293 billion a
year ago and a jump of nearly 17 per cent from $398 billion
at 2006-end.
Among
the top blue-chip firms, the country''s most valued firm
Reliance Industries has added a whopping $30 billion to
the investors'' wealth, taking its market value to $59
billion, from about $20 billion a year ago.
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