Investors' wealth crosses Rs 100 trillion

Creating history, Bombay Stock Exchange on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.

At the end of today's trade, the bourse touched total market cap of Rs 1,00,40,625 crore after a volatile trading session.

During post-closing adjustments, the BSE market cap figure changed multiple times, including an initial figure of Rs 100,40,408 crore, which then slipped to Rs 99,63,758 crore before finally ending at Rs 100,40,625 crore, as per the exchange's website. This is a record high level for the exchange at the closing bell.

The Rs 100-lakh crore milestone was reached for the first time in intra-day trade on Friday last week, but the overall market cap, also known as total investors' wealth, had slipped marginally below this level at the end of trading session that day.

The benchmark index Sensex ended flat with a marginal fall of 1.30 points at 28.442.71, but 17 out of the 30 Sensex stocks ended the day with gains. Overall, more than 200 stocks hit their 52-week highs on the BSE today.

BSE is among the world's ten largest exchanges in terms of market value, while it is the largest globally for number of firms listed on its platform. It has over 4,000 actively traded companies and nearly 2.7 crore investors trade on it.

In US dollar terms, the BSE market cap now stands at over $1.6 trillion and it has added more than $500 billion (Rs 29 lakh crore) this year itself.

The total market cap has more than doubled in the last five years from Rs 50 lakh crore in 2009, while it has grown ten-times since first scaling Rs 10 lakh crore level in 2003.

The Sensex has gained by about one-third so far this year, while the 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50 per cent or about Rs 47 lakh crore of total investor wealth.

This includes TCS, the country's most valued firm and the only entity to have a market value of over Rs 5 lakh crore, followed by state-run ONGC and private sector behemoth Reliance Industries with market caps of over Rs 3 lakh crore each.

Six companies -- ITC, Infosys, SBI, HDFC Bank, Coal India and ICICI Bank -- have market cap of over Rs 2 lakh crore each, while that of 11 others (HDFC, Sun Pharma, HUL, Bharti Airtel, L&T, Wipro, Tata Motors, Axis Bank, NTPC, HCL Tech and Maruti) is over Rs 1 lakh crore.