India's Historic $5 Trillion Market Capitalization: A New Economic Milestone
| Aspect | Details |
|---|---|
| Market Capitalization | Surged to $5 trillion, nearing $4.97 trillion on BSE and $4.93 trillion on NSE. |
| Timeframe | Achieved in under six months after crossing $4 trillion mark. |
| Global Standing | Joins elite club with US, China, Japan, and Hong Kong. |
| Growth Since March 2023 | Over 60% surge from lows, driven by small- and mid-sized firms. |
| Key Contributors | Mega listings (e.g., LIC) and PSU pack growth. |
| Stocks with $10B+ Market Cap | India now has 100 such stocks. |
| Global Impact | Second-largest market in MSCI Emerging Markets Index after China. |
| Foreign Investor Inflows | Over $8 billion in domestic stocks in Q1 2024; higher inflows via ETFs. |
| Future Outlook | Optimistic, contingent on post-election reforms and Budget announcements. |