The stock market capitalization was $4.75 trillion as of 16 February, with the dollar-rupee at 83.02, as per BSE data.
That leaves a gap of just $250 billion to reach the $5 trillion mark. Going by the pace of the rally in the PSUs and the benchmark Sensex, this figure could be achieved in the next two months, said analysts.
Since the latest leg of the rally from 26 October, the market cap of over 5,300 companies listed on the stock exchange has grown from $3.73 trillion to $4.75 trillion as on date, BSE data shows. That's a little over a trillion dollars ($1.02 trillion) in just over two and a half months.
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Denne historien er fra February 19, 2024-utgaven av Mint Mumbai.
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