• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

India Best Performer Among Top 5 Stock Markets, mcap Reaches Over $5.5 Trillion

OMMCOM NEWS by OMMCOM NEWS
July 31, 2024
in Nation

Mumbai: India is the best-performing stock market among the top five globally, and it delivered over 25 per cent return (in terms of market cap) from the beginning of 2024.

Due to a stellar rally, the total market cap of the Bombay Stock Exchange (BSE) reached Rs 462 lakh crore (over 5.5 trillion dollars) on Wednesday.

During this period, the US stock market surged 13.50 per cent, Hong Kong rallied 4.15 per cent, Japan surged 4.02 per cent, and the China stock market gave a 13.61 per cent negative return.

The US is the world’s largest stock market with a market cap of 57.28 trillion dollars. After this, China is in second position with a market cap of 8.24 trillion dollars, Japan is in third position with a market cap of 6.49 trillion dollars, and India is in fourth position with a market cap of 5.51 trillion dollars. Hong Kong is the world’s fifth-largest stock market with a market cap of 4.92 trillion dollars.

The market capitalisation of the stock market crossed one trillion dollars for the first time on May 28, 2007. After the next 10 years, it reached 2 trillion dollars on July 10, 2017, and after the next four years it reached 3 trillion dollars on May 24, 2021, and then after more than two years, it reached 4 trillion dollars on November 30, 2023, and in the next six months, the 5 trillion dollars mark was crossed on May 24, 2024.

The meteoric rise in the Indian stock market is due to the strong performance of the GDP. In the financial year 2023-24, GDP grew at the rate of 8.2 per cent and the Economic Survey reported that GDP may grow at the rate of 7 per cent in the financial year 2024-25.

(IANS)

Tags: Bombay Stock Exchange (BSE)Economic Survey
ShareTweetSendSharePinShareSend
Previous Post

Weather Alert: Odisha To Witness Intense Rainfall For Next 3 Days

Next Post

Kerala Landslide Tragedy: Body Of Odia Doctor Bishnu Prasad Chinra Found, Search On For Another Doctor

Related Posts

Arrested
Nation

Chhattisgarh: Five Maoists Arrested With Explosives In Sukma

August 1, 2025
Railway Stations
Nation

Centre Brings 73 Major Railway Stations Under Special Action Plan To Handle Festive Rush

August 1, 2025
Indian Army
Nation

Indian Army Inks Rs 223 Crore Deal For Nextgen Tank Transporter Trailers

August 1, 2025
Tej Pratap
Nation

‘People Will Decide’: Tej Pratap Evasive On Mahagathbandhan Vs NDA In Bihar

August 1, 2025
IPS Sonali Mishra
Nation

IPS Sonali Mishra Becomes First Woman DG Of Railway Protection Force

August 1, 2025
Anil Ambani
Nation

LOC Issued Against Anil Ambani In Rs 17,000 Crore Loan Fraud Probe

August 1, 2025
Next Post

Kerala Landslide Tragedy: Body Of Odia Doctor Bishnu Prasad Chinra Found, Search On For Another Doctor

Paris Olympics: Sindhu Beats Kristin Kuuba To Top Group, Seals Pre-Quarters Berth

Two Wagons Of Goods Train Derail In Darjeeling

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.