India climbs two slots on world table after $1 trn m-cap addition
Currently, the domestic markets rank 6th with a market cap of $3.55 trillion. During the start of the year, India was in 8th position
 "Markets, Stock market, sensex, stock market indices")
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Illustration: Ajay Mohanty
India has climbed two positions on the league table of world’s most valuable equity markets in 2021, after adding more than $1 trillion to its market capitalisation.
Currently, the domestic markets rank 6th with a market cap of $3.55 trillion. During the start of the year, India was in 8th position, with a market cap of $2.52 trillion.
The market cap of all the listed firms in the domestic market has jumped 41 per cent so far this year---most among global markets with at least $500 billion in market cap.
The outperformance has helped India overtake France and Canada this year. Meanwhile, India is only 2.5 per cent below fifth-ranked UK, which has a market cap of $3.63 billion. India’s share in world market cap—which stands at $119 trillion currently—has increased 54 basis points (bps) this year to 2.98 per cent. The world’s biggest economy, the US accounts for 43.3 per cent half of the world’s market cap. Its share has nearly 200 bps this year, while China’s has slipped 33 bps to 10.23 per cent.
Currently, the domestic markets rank 6th with a market cap of $3.55 trillion. During the start of the year, India was in 8th position, with a market cap of $2.52 trillion.
The market cap of all the listed firms in the domestic market has jumped 41 per cent so far this year---most among global markets with at least $500 billion in market cap.
The outperformance has helped India overtake France and Canada this year. Meanwhile, India is only 2.5 per cent below fifth-ranked UK, which has a market cap of $3.63 billion. India’s share in world market cap—which stands at $119 trillion currently—has increased 54 basis points (bps) this year to 2.98 per cent. The world’s biggest economy, the US accounts for 43.3 per cent half of the world’s market cap. Its share has nearly 200 bps this year, while China’s has slipped 33 bps to 10.23 per cent.
Topics : M-Cap global m-cap