India climbs two slots on world table after $1 trn m-cap addition

India has climbed two positions on the league table of world’s most valuable equity markets in 2021, after adding more than $1 trillion to its market capitalisation.

Currently, the domestic markets rank 6th with a market cap of $3.55 trillion. During the start of the year, India was in 8th position, with a market cap of $2.52 trillion.

The market cap of all the listed firms in the domestic market has jumped 41 per cent so far this year---most among global markets with at least $500 billion in market cap.

The outperformance has helped India overtake France