The market capitalization of companies listed on the Bahrain Bourse is at an all-time high of Rs 282.66 lakh crore

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The market capitalization of companies listed on the Bahrain Stock Exchange is an all-time high of Rs 282.66 lakh crore.

A total of 2062 shares rose, while 1402 shares declined and 125 remained unchanged.

New Delhi-

The market capitalization of companies listed on the Bahrain Stock Exchange reached an all-time high of Rs 282.66 thousand crore on Thursday, buoyed by a rebound in shares.

The BSE Sensex 30-share index rose 659.31 points, or 1.12 percent, to settle at 59,688.22, after falling in the previous two trading days.

The rebound in the shares helped increase the market capitalization of the companies listed on the Bahrain Stock Exchange to Rs 2,82,66,696.92 crore. Investors’ wealth also rose by Rs 1.79 crore on Thursday.

“A strong rebound was the daily demand on Dalal Street as stocks simply rose in today’s session. The rally can be attributed to Wall Street’s positive signals overnight and also to the fact that Crude Oil prices continued to crash. Crude Oil prices are trading at lower levels Post February,” Prashanth Tapsi – Research Analyst, Senior Vice President (Research), Mehta Equities Limited

Tech Mahindra, Axis Bank, ICICI Bank, Mahindra & Mahindra, Bharti Airtel, State Bank of India, UltraTech Cement, Bajaj Finserv, IndusInd Bank and Asian Paints emerged as the top gainers among Sensex shares.

The companies Tata Steel, Titan, NTPC, Nestle and Power Grid were the latecomers.

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In the broader market, the BSE small-cap index rose 0.60 percent and the medium index closed 0.29 percent higher.

A total of 2062 shares rose, while 1402 shares declined and 125 remained unchanged.

In Asia, markets in Seoul and Tokyo closed lower, while those of Shanghai and Hong Kong settled lower.

Stocks in Europe were mixed during mid-session trades. US markets closed significantly higher on Wednesday.

Meanwhile, international oil benchmark Brent crude fell 0.49 percent to $87.57 a barrel. PTI SUM MR

(Except for the headline, this story has not been edited by the NDTV crew and is published from a syndicated feed.)