Stock-taking: It’s a narrow market rally

By: |
Updated: Jun 10, 2020 8:06 AM

68 companies made it to the club of stocks with an m-cap of Rs 1,000 crore.

The rally in the markets continues to be a narrow one. The Nifty may have rebounded 32% from its March lows but in this time, only 68 companies made it to the club of stocks with an m-cap of Rs 1,000 crore.

The combined m-cap of the 629 firms is `132.4 lakh crore, but 10 firms account for a third of this.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1COVID-19 caused huge demand destruction overseas: Bankers
2Motherson Sumi rating: Maintain ‘buy’ with target price of Rs 117
3Jindal Steel rating: Buy — Raise target price to Rs 240