New Delhi: Total market capitalisation or M-Cap of BSE-listed companies touched a record high of Rs 114 lakh crore intraday on Thursday, amid a positive stock market trend, but slipped below the mark at the end of trade.
The milestone was reached during the afternoon trade on the BSE, with the market capitalisation of BSE-listed companies swelling to Rs 1,14,03,650 crore.
At close of trade, however, it slipped below this level and ended with a market valuation of Rs 1,13,99,470 crore.
The 30-share Sensex closed 145.47 points up, or 0.52 per cent, at 28,129.84 - a level last seen on October 5, when it had closed at 28,220.98.
"Positive earnings and resilient banks lent positivity, lifting indices to a 4 day high," said Anand James, chief market strategist at Geojit BNP Paribas Financial Services Ltd.
Out of the 30 Sensex stocks, 19 ended with gains while Lupin, Hindustan Unilever, Tata Motors, Sun Pharma, Infosys, HDFC Bank, ITC, Asian Paints, M&M, Hero MotoCorp and NTPC lost.
Sector-wise, the BSE bankex gained the most by rising 1.42 per cent, followed by metal (1.36 per cent) and realty by 0.98 per cent.
At the BSE, 1,597 stocks advanced, while 1,234 declined and 217 remained unchanged.
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