Total market valuation of BSE- listed companies hit a record high of over Rs 124 lakh crore in line with a strong broader market sentiment where the benchmark Sensex rebounded 291 points.
At the close of trade today, the market capitalisation of BSE-listed companies surged to Rs 1,24,41,895 crore.
The 30-share Sensex settled up 290.54 points, or 0.99 per cent, at 29,655.84.
"... Domestic markets were facilitated by a relief in global market due to a favourable outcome in French presidential result" said Vinod Nair, Head of Research, Geojit Financial Services Ltd
From the 30-share basket, 21 ended with gains led by GAIL, Axis Bank and L&T.
Among BSE sectoral and industry indices, realty rose the most by 3.02 per cent followed by capital goods (1.66 per cent).
On BSE, 1,608 stocks advanced while 1,280 declined and 184 remained unchanged.
As many as 290 stocks hit their 52-week high on BSE.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)