 "global, economy, market, stocks, investments, investors, m-cap, growth, gdp")
The Indian equity market’s contribution to global market capitalisation (m-cap) has for the first time topped 4 per cent. Given the domestic market’s sharp outperformance to global peers over the past year, the share has risen 74 per cent in one year.
Interestingly, during October 2021, India’s share was just 2.3 per cent, even as the domestic benchmark indices Nifty50 and Sensex logged their lifetime highs.
Currently, the Nifty is 6.3 per cent below its record high of 18,477 made on October 18. India’s share has increased as global markets have fallen more during this period.
At $92.8 trillion, the world m-cap is
