Fri, Jan 14, 2022 10:05 PM
Crypto option activity dictating spot movements
On Thursday, the market capitalisation of the BSE-listed companies reached an all time high of more than ₹280.52 lakh crore on Thursday, helped by the recent rally in equities. The benchmark marked its fifth straight session of gains with this hike today. The 30-share BSE Sensex today ended 37.87 points or 0.06 per cent higher at 60,298. From its all time highs, Sensex is now 2,000 points away.
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Shashank Srivastava, senior executive director, marketing & sales at Maruti Suzuki India Limited (MSIL) said the semiconductor supplies have reached 95% levels; feeling a gradual recovery in the company’s monthly output. However, he said, the situation may remain the same for the entire second quarter of FY23 as chip supplied haven’t reached 100% yet.
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