New Delhi: In what could be a proud moment for 130 billion Indians, India’s stock market has now become the world’s sixth largest stock market by market capitalization for the first time in history.
The giant jump comes against the backdrop of the benchmark Sensex jumping over 23% in the current year. In 2021, India’s stock market has recorded its biggest ever gain in terms of market value. Since December 31, 2020, the stock market has increased by $ 873.4 billion.
India has overtaken the French stock market to become the sixth largest stock market in the world. According to Bloomberg data, India’s stock market capitalization reached $3.4055 trillion on Tuesday. At the same time, the stock market capitalization of France decreased slightly to $ 3.4023 trillion.
Moreover, the stock market has bounced back in March 2020 after the market crash due to the COVID-19 pandemic. India’s stock market has attained a market cap of $2.08 trillion, taking the overall market cap to above $3.4 trillion, as compared to March 2020 lows.
The 159% gain since March 2020 really reflects the bullish optimism of Indian and foreign investors in India Inc.
Currently, the US stock market is the most valuable in the world. The US stock exchange’s market cap currently stands at about $51.3 trillion, followed by China’s stock market which is valued at $12.42 trillion. Read also: iPhone 13 Country Wise Price List: Compare Rates in India, USA, Australia, UAE, Canada to save up to Rs 40,000
Third, four and fifth are the stock exchanges of Japan, Hong Kong and the UK with market capitalizations of $7.43 trillion, $6.52 trillion and $3.68 trillion, respectively. Read also: PF Subscribers Alert! EPFO may soon allow investors to increase investment in equities
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kalturaPlayerAPIReady(vC, playDiv,pvid);
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var disqus_identifier; //made of post id and guid
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if (window.DISQUS) {
//alert("if");
jQuery('
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jQuery('#disqus_thread').insertAfter(source); //append the HTML after the link
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DISQUS.reset({
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source = $(this).parent();
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var pager_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix"; // + settings.pager_selector;
var next_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix > a:last"; // + settings.next_selector;
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fbid = '#' + $(this).attr('id');
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$('html head').find('title').text($(this).children().find('.left-block').attr('data-title'));
$('meta[name=description]').attr("content",$(this).children().find('.left-block').attr('data-summary'));
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$('meta[name=news_keywords]').attr("content",$(this).children().find('.left-block').attr('data-keyword'));
pSUPERFLY.virtualPage(prevLoc,$(this).children().find('.left-block').attr('data-title'));
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//console.log("Keyword: " + $(this).children().find('.left-block').attr('data-keyword'));
//history.pushState('' ,'', prevLoc);
loadshare(prevLoc);
}
return false; // stops the iteration after the first one on screen
}
});
if(lastHeight + last.height() < $(document).scrollTop() + $(window).height()){
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url = $(next_selector).attr('href');
x=$(next_selector).attr('id');
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/*setTimeout(function(){
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//loadDisqus(jQuery(this), disqus_identifier, disqus_url);
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//lastoff = last.offset();
//console.log("**" + lastoff + "**");
});
//$( ".content-area" ).click(function(event) {
// console.log(event.target.nodeName);
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function disqusToggle() {
var id = $(this).attr("id");
$("#disqus_thread1" + id).toggle();
};*/
//$(".main-rhs2394374").theiaStickySidebar();
var prev_content_height = $(content_selector).height();
//$(function() {
var layout = $(content_selector);
var st = 0;
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