Stock markets: Narrow rally, fuelled by just TCS and RIL

By: | Published: March 16, 2019 5:49 AM

Since June last year, the combined market cap of companies listed on the BSE surged by Rs 3.6 lakh crore to Rs 148.62 lakh crore.

stocks, stock market,bse, nseCombined market cap of companies listed on the BSE surged by Rs 3.6 lakh crore to Rs 148.62 lakh crore, since last year.

Since June last year, the combined market cap of companies listed on the BSE surged by Rs 3.6 lakh crore to Rs 148.62 lakh crore. This should have been reason for cheer except that the rally has been very narrow with just two stocks — RIL and TCS — accounting for 78% of the gains.

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