India is the top performer among the top 5 stock markets in the world, market cap crosses $5.5 trillion

The upward trend continues in the Indian stock market. Buying is being seen in large cap to small and middle cap shares. Due to this, the total market cap of the Bombay Stock Exchange (BSE) has increased to Rs 462 lakh crore (more than $ 5.5 trillion). Earlier, on May 24, 2024, the market capitalization of the Indian stock market crossed $ 5 trillion. The market capitalization of the stock market crossed one trillion dollars for the first time on May 28, 2007.

At the same time, after the next 10 years, on July 10, 2017, it crossed the figure of 2 trillion dollars and after the next four years, on May 24, 2021, it crossed the figure of 3 trillion dollars and then after more than two years, on November 30, 2023, 4 trillion and in the next six months on May 24, 2024, it crossed the figure of 5 trillion dollars.

Indian stock market performs best with more than 25% return
Among the top five stock markets in the world (market capitalization), the Indian stock market has performed the best with a return of more than 25 percent since the beginning of 2024. While the US stock market has given a return of 13.50 percent, Hong Kong 4.15 percent, Japan 4.02 percent and China minus 13.61 percent.

America is the largest stock market in the world
At present, the US is the largest stock market in the world with a market cap of $ 57.28 trillion. After this, China is at number two with a market cap of $ 8.24 trillion, Japan with a market cap of $ 6.49 trillion and India is the fourth largest stock market in the world with a market cap of $ 5.51 trillion. Hong Kong stock market is at the fifth position, whose market cap has reached $ 4.92 trillion.

Strong economy continues to trade bullish in the stock market

The main reason behind the boom in the Indian stock market is said to be the strengthening of the economy. In the financial year 2023-24, GDP grew at the rate of 8.2 percent and in the Economic Survey presented before the General Budget 2024-25 (Budget 2024), it was told that in the financial year 2024-25, GDP can grow at the rate of 7 percent (India GDP Growth Forecast).