Market Capitalization of BSE Companies: In the Indian stock market, the market capitalization of companies listed on BSE has crossed 4 trillion dollars for the first time and this is a historic achievement.
M cap of 3 trillion dollars achieved in just 16 years
The market cap of firms listed on BSE had achieved the milestone of $1 trillion in May 2007 and now it has come to $4 trillion in the year 2023. That means, in just 16 years, BSE listed companies have achieved a market cap of $3 trillion, which can be called a very good growth.
When did the market cap of BSE reach 2 trillion and 3 trillion?
The market cap of BSE reached $1 trillion in May 2007 and $2 trillion in July 2017. After this, in May 2021, the total market cap of BSE listed companies had touched the level of 3 trillion dollars. That means it took 10 years to go from $1 trillion to $2 trillion but it took only 4 years to go from $2 to $3 trillion. The most important thing is that after this, it took only 2 years and a few months for the Indian stock market to achieve an M cap of 3 to 4 trillion dollars.
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