M-cap of BSE-listed firms rises to Rs242 lakh cr

New Delhi, August 18

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The market capitalisation of BSE-listed companies reached its all-time high of Rs 2,42,08,041.64 crore on Wednesday, helped by a rally in the equity market where the benchmark index scaled the 56,000-mark for the first time.

During the morning trade, the BSE benchmark index jumped 312.44 points to its lifetime high of 56,104.71, continuing its winning run for the fifth session in a row.

Following the upbeat sentiment, the market capitalisation of BSE-listed companies also reached its record high of Rs 2,42,08,041.64 crore.

In the previous session, the Sensex settled 209.69 points or 0.38% higher at 55,792.27.

In five days, investors’ wealth has also jumped by Rs 5,33,192.73 crore. — PTI