Market cap at all-time high
The surge in banking IT stocks including midcap, smallcap has led to a huge jump in investors' wealth. The market cap of BSE-listed stocks closed at Rs 468.80 lakh crore, while in the previous session it closed at Rs 467.36 lakh crore. In today's session, investors' wealth saw an increase of Rs 1.44 lakh crore.
The market made an all-time high yesterday
Earlier yesterday, on September 12, the Sensex hit a new all-time high of 83,116 and the Nifty hit a new all-time high of 25,433. However, both the indices declined later and the Sensex closed 1,439 points higher at 82,962 and the Nifty closed 470 (1.89%) points higher at 25,388.