For the first time, BSE-listed companies’ total market capitalisation crossed the $5 trillion mark on May 21, following a run-up in midcap and small-cap stocks. 

In the last five months, BSE’s market cap has increased by $633 billion. At the beginning of this year, the total market cap of BSE was $4.14 trillion.

The Indian market has been bullish for some time now. BSE benchmark Sensex is trading just below 1.5% from the all-time high. While BSE midcap and smallcap indices are trading at an all-time high.

Since the beginning of 2024, Sensex has given returns of only 2.3%, but BSE Midcap and BSE Smallcap indices have given returns of 16 and 11% respectively.

BSE has reached $4 trillion to $5 trillion in just six months. BSE touched $4 trillion for the first time in November 2023.

The Indian stock market ranks fifth in market capitalisation in the world with $5 trillion. America is in first place with a market capitalisation of $55 trillion, China is in second place with a market capitalisation of $9.4 trillion, Japan is in third place with a market capitalisation of $6.4 trillion and Hong Kong’s stock market is in fourth place in the world with a market capitalisation of $5.4 trillion.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

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