scorecardresearchIndian market exits $3 trillion market cap club; slips to sixth position: Report

Indian market exits $3 trillion market cap club; slips to sixth position: Report

Updated: 20 Jun 2022, 09:07 AM IST
TL;DR.
From the peak of $3.67 trillion in January, India’s market cap has eroded by $676 billion. Meanwhile, India is not the only country to move out of the $3-trillion m-cap club, however. The market cap of the UK, Canada, and France too has dropped below this milestone.
At present, India is ranked sixth, behind Saudi Arabia, which has benefited from rising oil prices this year. India first crossed the $3-trillion market-cap mark on May 31, 2021.

At present, India is ranked sixth, behind Saudi Arabia, which has benefited from rising oil prices this year. India first crossed the $3-trillion market-cap mark on May 31, 2021.