Zooming Up
The market cap of BT 500 companies rose 20.8 per cent in a single year.
For India Inc, it has been a tough year, but the benchmark BSE Sensex has been on a steady rise. Over the period of the BT 500 analysis (October 1, 2016 September 30, 2017), the Sensex rose close to 3,000 points leading to a 20.8 per cent increase in the average market capitalisation of the BT 500 companies. That is a quantum jump from the minuscule 0.1 per cent growth achieved in the same period of the previous year. Since then, too, the market has risen another 1,981 points to close on November 21 at 33,478.
Much of the rise has been driven by the markets cheering the reform measures
