Stock market capitalisation exceeds GDP - 1st in 10 years
Stock market capitalisation exceeds GDP - 1st in 10 years
At 195.4 lakh crore on Jan 15, 2021, investor wealth on BSE has soared past India's FY21 GDP at current prices which is estimated to be Rs 194.8 lakh crore as per NSO's first advanced estimate
Investors are now richer than India's GDP
Mudit Kapoor
Jan 19, 2021,
Updated Jan 21, 2021, 1:29 PM IST
In FY21, investor wealth on Bombay Stock Exchange (BSE) has exceeded the entire GDP of India at current prices, theoretically making stock market investors richer than the world's sixth largest economy