The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent
Commodity and Adani companies dominate entries so far this year
Only market among top 15 to see a fall; world m-cap has risen 4.2% in April
The latest bout of correction, triggered by rising US bond yields and a surge in Covid cases, has shaved off Rs 11.5 trillion in market value
Only RIL and SBI emerged as gainers from the top 10 most-valued companies list
Of the 441 stocks that gained, only 147 outperformed the BSE 500 index, which has risen 8.6 per cent in the past five trading sessions
China's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 - 2.4 per cent of the global m-cap
While global markets have added $7 trillion in this month, India has added $177 billion (Rs 13 trillion) in just eight trading sessions
Over the last 12 months, MSCI India has remained flat, while MSCI EM has slid 1.5%
Foreign portfolio investors (FPIs) and mutual funds (MFs) have seen their assets under custody (AUC) grow at a much faster rate
In the top-10 list, only Tata Consultancy Services (TCS) and HUL saw gains in their market capitalisation (m-cap) for the week ended Friday
A decade ago, there were only 10 companies in the coveted club
The research house also expects the market-cap of Asian equities (combined) to double to $56 trillion over the next 10 years
The surge of 23 percentage points is due to exuberance in the equity market despite economic growth slowing