India's m-cap zooms 39% this year

 

This year has been significant for India's equity markets on more than one count. India, one of the best-performing equity markets in 2014, now ranks 9th on the league table of market capitalisation (m-cap). India, with m-cap of about $1.6 trillion, is ahead of Switzerland and Australia (not in the table), and is closing in on Germany and France. Interestingly, India's total market capitalisation has increased by around 39 per cent so far this year, by far the most compared to the other nine countries in the top 10 list