India's m-cap hits $2.5 trillion after soaring 91% from March 2020 lows

Earlier this week, the world market cap crossed the coveted $100-trillion milestone. It had slipped below $62 trillion in March amid widespread selling triggered by the Covid-19 pandemic

Topics
M-Cap | global m-cap | market capitalisation

Samie Modak & Sameer Mulgaonkar  |  Mumbai 

The market capitalisation of all listed companies in the domestic market on Wednesday touc­hed $2.5 trillion. The feat comes after a staggering 20 per cent ($440 billion) surge in market value since November, amid record inflows from overseas investors. On March 23, when the market had hit a nadir, the market cap had plunged to $1.3 trillion.

Since then, India’s market cap in dollar terms has increased 91 per cent. Earlier this week, the world market cap crossed the coveted $100-trillion milestone. It had slipped below $62 trillion in March amid widespread selling ...

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First Published: Thu, December 10 2020. 00:53 IST
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