Market capitalization (free float) of Nifty companies ( index of 50 blue chip companies in India) as on 23.04.12 at 11.30 am), where as market capitalization of total Indian stock market is more than 1 Trillion dollar.
Indian Gross Domestic Product is worth 1729 billion dollars or 2.79% of the world economy, according to the World Bank.
There has been a remarkable pick-up in the market cap (all listed stocks) in India since the global meltdown. The market cap had dipped from 109.47% of GDP to 55.36% in a year. The market capitalisation to GDP ratio of any country represents the total listed wealth of a country as a %
of its GDP. As more and more companies in a country get listed on the capital market, this percentage tends to move up. Further, this ratio also helps as a measure of relative valuation, in the sense whether a country is undervalued or overvalued. The higher ratio indicates there is a sense of high valuation in the country.
During the financial year 2002-03, the market cap to GDP ratio was as low as 23.28%, representing that the total listed wealth in Indian capital markets was as low as 23.28% of India’s GDP. This indicates that the capital market penetration was very low in the country.From such modest levels in 2002-03, the market cap to GDP ratio has substantially moved up to 109.47% by 2007-08. That is, for the first time in Indian capital market history, the market cap of the country
is more than that of the country's GDP. However, the unprecedented financial crisis and market meltdown during the financial year 2008-09, has resulted in the market cap to GDP ratio crashing to 55.36%. That is, the market cap of the country has become just 55% of the country’s GDP.
Last Price
|
Change
|
Market Cap.
(Rs cr) |
|||
(Rs)
|
(%)
|
||||
1,247.20
|
20.30
|
1.65
|
23,439.88
|
||
160.70
|
-0.45
|
-0.28
|
24,678.01
|
||
1,171.00
|
-6.15
|
-0.52
|
48,386.18
|
||
1,697.55
|
-11.15
|
-0.65
|
49,121.50
|
||
324.80
|
0.45
|
0.14
|
123,343.78
|
||
242.15
|
-3.25
|
-1.32
|
59,268.63
|
||
685.50
|
-10.75
|
-1.54
|
24,783.71
|
||
349.35
|
1.80
|
0.52
|
66,637.66
|
||
322.70
|
0.85
|
0.26
|
25,910.27
|
||
365.00
|
2.55
|
0.70
|
230,547.30
|
||
193.50
|
-3.75
|
-1.90
|
32,863.76
|
||
1,799.00
|
5.90
|
0.33
|
30,503.91
|
||
359.50
|
-1.35
|
-0.37
|
45,601.76
|
||
2,625.00
|
-36.70
|
-1.38
|
24,073.81
|
||
500.60
|
-4.75
|
-0.94
|
34,673.38
|
||
687.80
|
3.10
|
0.45
|
101,586.25
|
||
554.50
|
3.40
|
0.62
|
130,123.86
|
||
2,200.00
|
10.70
|
0.49
|
43,931.25
|
||
123.95
|
-1.05
|
-0.84
|
23,736.77
|
||
421.15
|
-1.85
|
-0.44
|
91,032.10
|
||
861.50
|
0.45
|
0.05
|
99,317.46
|
||
126.45
|
-2.35
|
-1.82
|
19,125.14
|
||
2,367.90
|
-39.50
|
-1.64
|
135,971.92
|
||
246.75
|
1.55
|
0.63
|
192,919.62
|
||
77.60
|
-0.30
|
-0.39
|
16,501.12
|
||
499.90
|
-6.60
|
-1.30
|
46,732.34
|
||
591.75
|
-0.35
|
-0.06
|
43,830.29
|
||
1,289.40
|
-1.95
|
-0.15
|
78,962.71
|
||
722.85
|
-3.60
|
-0.50
|
44,381.17
|
||
1,401.60
|
10.90
|
0.78
|
40,493.63
|
||
164.90
|
-0.35
|
-0.21
|
135,967.71
|
||
267.75
|
0.75
|
0.28
|
229,073.25
|
||
899.15
|
-7.05
|
-0.78
|
30,497.25
|
||
113.40
|
-0.45
|
-0.40
|
52,501.09
|
||
517.55
|
-0.40
|
-0.08
|
21,846.44
|
||
739.00
|
8.15
|
1.12
|
281,669.98
|
||
84.30
|
-1.95
|
-2.26
|
17,399.75
|
||
555.40
|
1.60
|
0.29
|
14,610.92
|
||
113.60
|
-1.60
|
-1.39
|
31,866.24
|
||
100.75
|
3.50
|
3.60
|
41,615.04
|
||
2,245.05
|
-15.40
|
-0.68
|
150,652.92
|
||
188.65
|
-1.25
|
-0.66
|
16,395.60
|
||
805.60
|
-5.30
|
-0.65
|
27,414.16
|
||
108.15
|
-0.90
|
-0.83
|
36,351.46
|
||
591.70
|
2.90
|
0.49
|
61,275.38
|
||
315.00
|
-1.65
|
-0.52
|
99,966.72
|
||
103.20
|
-1.85
|
-1.76
|
24,490.11
|
||
477.00
|
6.70
|
1.42
|
46,326.93
|
||
1,094.35
|
5.90
|
0.54
|
214,188.48
|
||
424.70
|
-0.10
|
-0.02
|
104,424.91
|
||
