Share Market News: BSE Market Cap Reaches Rs 400 Cr, Nifty-Sensex Touched All-Time High

Share Market News: On the first day of the business week, the Indian stock markets reached significant milestones. The Nifty index nearly reached its all-time high of 22,700 points. Similarly, the Sensex index increased by about 500 points, reaching around 74,765. The Bombay Stock Exchange (BSE) also set new records for market value, surpassing Rs 400 Cr. On April 8th, the Sensex hit an all-time high, significantly increasing the BSE’s market value. 

Reasons for Sudden Market Growth

Previously, in 2014, the BSE’s market value was Rs 100 Cr, which increased to Rs 200 Cr in February 2021 and surpassed Rs 300 Cr in July 2023. Within nine months, it increased by another Rs 100 Cr, exceeding Rs 400 Cr. This rapid growth is fueled by the Indian market’s strong performance in recent months, with the market value of BSE-listed companies increasing by more than 57%. Domestic and foreign investments have both contributed significantly to this growth.