BSE market cap tops Rs 500 lakh crore on IPO boom and market rally

The combined market capitalization of all companies listed on the BSE crossed ₹500 lakh crore for the first time on Thursday, reaching approximately ₹502 lakh crore ($5.31 trillion), driven by a broad-based equity rally and new listings. The milestone was reached in 622 trading sessions since crossing ₹400 lakh crore on April 8, 2024, despite the Sensex remaining 7.6% below its peak. A steady stream of IPOs contributed significantly, with 107 companies listing in 2026 and adding over ₹25 lakh crore. The rally has been supported by a 19% decline in crude oil prices, strong foreign portfolio investor inflows exceeding $3.4 billion, and positive global cues. However, analysts caution that geopolitical developments, crude price volatility, and profit booking could limit further upside.