 "m-cap, investment, fdi, funds, stocks, market, economy")
The market capitalisation of all listed companies in the domestic market on Wednesday touched $2.5 trillion. The feat comes after a staggering 20 per cent ($440 billion) surge in market value since November, amid record inflows from overseas investors.
On March 23, when the market had hit a nadir, the market cap had plunged to $1.3 trillion. Since then, India’s market cap in dollar terms has increased 91 per cent.
Earlier this week, the world market cap crossed the coveted $100-trillion milestone. It had slipped below $62 trillion in March amid widespread selling triggered by the Covid-19 pandemic.
The pace
