With the benchmark Sensex up more than 23% this year, India is now the world's sixth-largest stock market, surpassing France for the first time in terms of market capitalization.
This year, India's stock market value increased by more than $873.4 billion, or 35%, from $2.52 trillion on December 31, 2020 to $873.4 billion on December 31, 2020. India's market capitalization has increased by approximately $2.08 trillion, or 159 percent, since the March 2020 low. It increased its market capitalization by $373 billion in 2020, or 17.4 percent, from $2.14 trillion.
The US stock market is the most valuable in the world, followed by China, Japan, Hong Kong, and the United Kingdom.
Year to date, the Sensex and Nifty have gained 23 percent and 25 percent, respectively, while foreign and domestic investors have purchased equities worth $8 billion and Rs 23,532 crore, respectively.
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