M-cap of BSE-listed companies at record $3 trillion: Thank broader rally

Share of top 100 firms on the exchange in m-cap falls to 67.3%; analysts advise caution

Sundar Sethuraman & Samie Modak | Mumbai
Last Updated at May 25, 2021 00:54 IST

market, stock market, m-cap, market capitalisation, investment, investors, funds

In 2007, when India’s m-cap topped the $1-trillion mark for the first time, the top 100 companies accounted for three-fourths of the total m-cap; at $1.5 trillion, the share was almost 80 per cent | Illustration: Binay Sinha

The country’s dash to a $3-trillion market cap is more a case of teamwork, than a few members doing most of the heavy lifting. Sample this: The share of top 100 companies to India's total market cap (BSE-listed companies’ m-cap) is 67.3 per cent currently, less than what it has been when the nation hit previous milestones, such as $1 trillion, $1.5 trillion in 2007 or $2.5 trillion more recently in December 2020.

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