India's market crosses Rs 200 trn m-cap, is seventh most valuable globally

The feat comes a day after the Sensex closed above the coveted 50,000-mark. In dollar terms, the market cap is $2.75 trillion-seventh highest globally

India’s market capitalisation—sum of market value of all listed companies—crossed Rs 200 trillion for the first time on Thursday. The feat comes a day after the Sensex closed above the coveted 50,000-mark. In US dollar terms, India’s market cap is $2.75 trillion—seventh most globally. However, India’s market cap-to-GDP ratio is now more than 100 per cent.

India’s nominal GDP at current prices is around Rs 195 trillion. India’s market cap had topped the Rs 100 trillion-mark in December 2014. Back then the market cap-to-GDP ratio was at 80 per cent. In September 2007, when market cap first crossed Rs