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Market-capitalisation of India, world touches a new peak amid Covid-19

Global markets have added $7 trillion in m-cap this month amid polling in the US. Meanwhile, India has added $177 billion (Rs 13 trillion) in just eight trading sessions

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The latest surge in the market has come on the back of a favourable outcome of the US elections

Samie Modak Mumbai
The market capitalisation (m-cap) of both India and the world has hit a record high of $2.23 trillion and $94.5 trillion, respectively. 

Global markets have added $7 trillion in m-cap this month amid polling in the US. Meanwhile, India has added $177 billion (Rs 13 trillion) in just eight trading sessions. India surpassed its previous high of $2.22 trillion made on January 15, show Bloomberg data. 

The combined global m-cap had hit a high of $92.8 trillion on October 13. Since then, it had slipped by $5.4 trillion to $87.42 trillion in end-October, amid uncertainty over the stimulus package in the US

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