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Below the Quote on m-cap of all BSE-listed companies hitting $4 trn Sunny Agrawal, Head Equity Fundamental Research, SBI Securities

"It took only 2.5 years for an Indian equity market to add market cap of $1 trillion and reach to the new heights of $4 trillion. This indeed is a landmark achievement. Having said that, India’s market cap is less than 4% of the world’s market cap with US markets enjoying ~45% pie. India is now pegged to become a $7 trillion economy by 2030. Going by the historical Market Cap to GDP ratio of 80-120%, India’s market cap is likely to hit $7 trillion by or prior to 2030 (assuming 100% Market Cap/GDP ratio). The market cap can increase due to (a) increase in net valuation of the already listed universe and (b) new listings in the form of IPO"

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