Indian Stock Markets Soar To $4 Trillion Mark

India’s stock markets recently achieved a historic milestone, surpassing the $4 trillion market capitalization mark for the first time in its history.

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This puts India among a select group of countries with a market cap exceeding $4 trillion, alongside the US, China, Japan, and Hong Kong.

The total market value of all companies listed on the Bombay Stock Exchange (BSE) has soared to a record high of Rs 333 trillion, equivalent to $4 trillion. This significant growth in market cap has been fuelled by a nearly 15% rise in India’s market cap during this calendar year, contrasting with a 5% decrease in China’s market cap. The US market, however, leads the global scenario with a market cap of almost $48 trillion, followed by China with $9.7 trillion and Japan with $6 trillion.