Market Quote : The market capitalization of Bse listed companies touched a new record Says S Ranganathan, LKP Securities
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Quote on Market 29 November 2022 By S Ranganathan, Head of Research at LKP Securities
"As Oil dropped to its lowest level since December 2021, the BSE SENSEX today almost touched 62,900 before profit taking pared gains in late afternoon trade. The market capitalization of BSE listed companies touched a new record high of Rs287 trillion on the back of good support from FMCG stocks. On a day when Indices defied opening trends in SGX Nifty the Bulls truly made it look Motivational with several stocks hitting new one year highs."
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