BSE m-cap hits Rs 100-trillion mark, investor wealth up 10 times in a decade

The total investor wealth in Indian stock market hit a record high of Rs 100 trillion on Friday, marking a jump of ten times in little over a decade.

The 30 Sensex companies alone, which are among the biggest in the country, now account for nearly 50 per cent or about Rs 47 lakh crore of total investor wealth.

Measured in terms of total market capitalisation of all listed companies on the Bombay Stock Exchange, the overall investor wealth in the Indian stock market rose to Rs 100.01 lakh crore at 10.05 am as benchmark Sensex soared by over 300 points in its continuing record rally.

This includes Tata Consultancy Services, the country's most valued firm and the only entity to have a market value of over Rs 5 lakh crore, followed by state-run Oil and Natural Gas Corporation and private sector behemoth Reliance Industries with market caps of over Rs 3 lakh crore each.

Companies commanding market cap of over Rs 2 lakh crore include ITC, Infosys, HDFC Bank, SBI and Coal India. Besides, ICICI Bank, HDFC, Sun Pharma, HUL, Bharti Airtel, L&T, Wipro, Tata Motors, HCL Tech, NTPC and Axis Bank have market cap of over Rs 1 lakh crore each. Among these, ICICI Bank is very close to moving into Rs 2 lakh crore club.

Of the overall stock market wealth, promoters command nearly 50 per cent share while foreign investors own close to 20 per cent and the rest is shared between institutional and retail investors from India.

The total market cap of all BSE listed companies had crossed Rs 10 lakh-crore mark nearly 11 years ago in 2003 while it has doubled from about Rs 50 lakh crore five years ago in 2009.