Mcap of BSE-listed companies hits fresh peak of Rs 320.94 trillion

“Benchmark indices once again defied the weak Asian and European markets trend to post solid gains for the sixth straight session, as lack of opportunity in key economies is prompting investors to increase their bets on India.

“Investors are increasing exposure to stocks of companies that are likely to play a major role in boosting the economy going ahead,” said Amol Athawale, Vice President – Technical Research at Kotak Securities Ltd.

NTPC, Tata Motors, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, HDFC Bank, Reliance Industries, Titan, Power Grid, and State Bank of India were the top gainers on the Sensex.

Among the laggards were ITC, UltraTech Cement, Tech Mahindra, Tata Steel, Wipro, Tata Consultancy Services, and JSW Steel.

Seoul, Tokyo, Shanghai, and Hong Kong all finished in the red in Asian markets. European stocks were falling. On Thursday, the US markets ended on a mixed note.

In the broader market, the BSE midcap index rose 0.92 percent, while the smallcap index rose 0.43 percent.

Real estate rose 2.13 percent, capital goods rose 1.51 percent, power rose 1.48 percent, oil and gas rose 1.43 percent, consumer durables rose 1.35 percent, and energy rose 1.33 percent.