The market capitalisation of all BSE-listed stocks on that day 10 years ago was just Rs 81 lakh crore and has now jumped multi-fold to an all-time peak of Rs 400 lakh crore, making India the fifth largest stock market in the world.
The 30-share BSE Sensex pack jumped over 600 points to hit a record high of 74,869 and the broader NSE Nifty index moved more than 180 points to touch 22,697 level for the first time ever.
Indian equity indices open lower on global cues. IT, financial stocks decline. Companies like ICICI Bank, JSW Steel, Bajaj Finance trade with cuts, while Tata Motors, Titan, Reliance Industries record gains.
The week ahead is expected to be action-packed for Dalal Street investors despite being a truncated one, as all eyes will be on the launch of the ‘T+0 settlement cycle by exchanges.