Indian stocks have gained the most across the world’s top 10
nations by market value in the fiscal year 2021-2022.
This has underscored the
strength of rally which was not affected by the covid-induced economic
The data from the Bloomberg highlights that, India’s
aggregate market capitalization has reached to 88% in dollar terms in the
This was recorded as the sharpest increase in the aggregate
market capitalization since the financial year 2011.
In the fiscal year
2019-2020, the market capitalization of India reached to 31% following the
nationwide lockdown wrecked investor sentiment.
Despite witnessing the sharp rise, India was ranked at the
eighth position among countries with the market capitalization of $2.8
The United States saw the aggregate market capitalization
expansion of 67% with the market capitalization of $45.83 trillion while China
saw the expansion of 52% with the market capitalization at $10.57 trillion from
April 2020 till date.
Canada saw the expansion of 78% with market
capitalization of $2.89 trillion.
The lowest growth of 28% was witnessed in
Saudi Arabia where the market capitalisation was $2.53 trillion
What is Market Capitalization ?
It is commonly known as the market cap. Market cap is
defined as the market value of the outstanding shares of any publicly traded
It is equal to the share price multiplied by the number of shares
The capitalization can also be used as the indicator of the public
opinion since the outstanding stock is bought and sold in the public markets.
It only shows the equity value of the company.