Latest Market Updates

India now became the ninth largest The Best Stock Market Trading Tips in the all universe as the stock market capitalization (M-cap) crossed $2 trillion. This was due to the relentless buying by domestic and offshore investors. 

As per the Bloomberg data, the hike in stock prices has pushed up India's M-cap-to-GDP ratio, a tool used by equity strategists to assess the relative valuation of a market, well above the 9-year average. 

"India has the largest number of listed companies in the world. Interestingly, nearly 30 percent of the actively traded companies have M-cap of less than Rs 100 crore. This advice that Indian companies go public much earlier than in most other large economies. The relatively high Map-to-GDP ratio in India, although, is reflective of the strong appetite of Indian entrepreneurs to access public equity funding and the willingness of Indian equity investors to fund such entrepreneurs," Sujan Hajra, chief economist at the brokerage of the indian market. 

For India, the ratio had peaked at 1.47 in 2007-08. 

"India can see further expansion in the M-cap-to-GDP ratio as private and government CapEx kicks in. The possibility of rating update by the year-end could be increased and market updates the ratio further. It can reach 1.1 to 1.2," A. Balasubramanian, CEO, Birla Sun Life Mutual Fund, told ET. 

India's contribution to global M-cap has risen to a six-year high of 2.6 percent against a six-year average of 2.3 percent.