Market capitalisation to GDP ratio scales a 15-year high of 140.2%.

Economy Business

The market capitalisation (mcap) of all listed companies and traded on the Bombay Stock Exchange shot up 61 percent since the end of March 2023, compared to an estimated 10 percent growth in India’s Gross Domestic Product (GDP) at current prices in FY24, according to a Business Standard report. India’s mcap-to-GDP ratio has hit a 15-year high of 140.2 percent, up sharply from 95.8 percent at the end of March 2023, with the total valuation of all BSE-listed companies reaching $5 trillion or over Rs 414.46 trillion on May 21 as against India’s GDP at current prices of Rs 296.6 trillion in FY24.


      The total market cap of all BSE-listed companies reached $5 trillion or over Rs 414.46 trillion on May 21 against India’s GDP at current prices of Rs 296.6 trillion in FY24.

     

     

 

     


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