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Soaring markets: India on verge of reclaiming fourth spot once again

The market capitalisation of small-and-midcap companies accounts for over a third of the total value of the Indian stock market

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Anoushka Sawhney New Delhi

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The value of India’s listed companies hit an all-time high of Rs 400 trillion last week, or wealth enough to distribute around Rs 2.8 lakh to every Indian, and still have some left over. India is on the verge of becoming the fourth-largest market once again after briefly claiming the spot earlier in the year.


Both foreign and domestic money have helped valuations soar, while domestic mutual funds have played a more dominant role in recent times. Systematic investment plans (SIPs), which help funnel investments in a regular way to the stock market have contributed significantly. The last

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