Market Cap Of BSE Listed Firms Soars Over Rs 200 Lakh Crore; Know All About It

The market cap of BSE listed firms soars over Rs 200 lakh crore, BSE is now the 9th largest exchange globally in terms of M-cap of listed firms.

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New Delhi: The combined market capitalization of the listed companies on BSE soared past Rs 200 lakh crore mark on Thursday, continuing the bull run after Finance Minister Nirmala Sitharaman presented the mega Budget in Parliament on Monday. 

The BSE Sensex closed up 358.54 points on Thursday to reach 50,614.29 points, taking the BSE listed companies' valuation to a record high of Rs 2,00,47,191.31 crore.

When asked for comments, BSE CEO Ashish Chauhan told ABP News, "It is a matter of immense pride that, since 1875, BSE has acted as a catalyst to help create immense wealth to the tune of Rs 200 lakh crore amounting to USD 2.75 trillion. It is heartening to note BSE continues to remain the primary wealth creator of the nation. It is also good to note that no other developing country at the stage of India's development has a thriving capital market as compared to India. BSE has also become the World's 9th largest exchange in terms of listed companies market capitalization, as on date."

For the first time in over a decade, last month, the combined market capitalization of all listed companies in India has exceeded the country's Gross Domestic Product (GDP). The last time this occurred was when the m-cap ratio to GDP was 100.7% in 2007.

On January 14, the Bombay Stock Exchange's (BSE) m-cap reached Rs 197.7 trillion, compared to India's nominal GDP of about Rs 190 trillion during the year ended December 2020.
While the m-cap to GDP ratio is more than 100% for developed markets, including the US, the UK, Japan, France, and Switzerland, it is less than 100% for Germany, China, Brazil, and Russia.

The other exchanges ahead of BSE are listed below:
1. NYSE
2. Nasdaq - US
3. Shanghai Stock Exchange
4. Japan Exchange Group
5. Hong Kong Exchanges and Clearing
6. Euronext
7. Shenzhen Stock Exchange
8. LSE Group
9. BSE