India's stock market achieved a new milestone with BSE's market capitalisation crossing Rs 150 lakh crore for the first time. The stock market rally and record listings helped the country's market value grow by 49 per cent — the highest worldwide.
While the Sensex has risen 27 per cent so far this year, several big-ticket initial public offerings have contributed to the increase in the total market value. IPOs alone have added Rs 6.4 lakh crore to the market cap this year.
India's market capitalisation-togross domestic product (GDP) ratio crossed 100 per cent on Friday after five years. During the peak of 2007, the ratio was 150 per cent.
While the Sensex has risen 27 per cent so far this year, several big-ticket initial public offerings have contributed to the increase in the total market value. IPOs alone have added Rs 6.4 lakh crore to the market cap this year.
India's market capitalisation-togross domestic product (GDP) ratio crossed 100 per cent on Friday after five years. During the peak of 2007, the ratio was 150 per cent.
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