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India's stock market is 7th biggest in the world with m-cap of $2.1 trn

At the end of 2017, India was at the ninth position despite its market cap being $2.4 trillion

Samie Modak 

Stock market

India’s ranking has improved two notches in the league table of the world’s biggest stock Currently, India ranks seventh with a of $2.1 trillion.

At the end of 2017, India was at the ninth position despite its being $2.4 trillion. The has seen an erosion of $308 billion in investor wealth this year.

While the is up 5 per cent on a year-to-date basis, a near 10 per cent depreciation in the rupee against the dollar and a correction in the broader market have led to the drop.

However, and have seen a sharper 18 per cent decline and currently rank below India. All the countries in the top 10 have seen a decline in

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First Published: Sat, December 22 2018. 23:17 IST
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