AngelOne valuations cross ₹467 lakh crore as market cap peaks

Market capitalization of BSE-listed companies has crossed ₹467 lakh crore as of October 17, driven by foreign inflows, robust earnings outlook, and lower crude prices. Benchmarks have gained ~3.6% in October alone. Indices are now nearing prior highs from late September. The rally underscores strength in participation and sentiment ahead of Diwali. Analysts advise caution near peak valuations but note the spending season and favorable macros may sustain momentum.