MARKET CAP OF BSELISTED COMPANIES HITS $5 TRILLION FIRST TIME EVER;CLIMB OF OVER $633 BILLION SINCE THE START OF THE YEAR.

Welcome to Personal Finance's Private Community

MARKET CAP OF BSE-LISTED COMPANIES HITS $5 TRILLION FIRST TIME EVER;CLIMB OF OVER $633 BILLION SINCE THE START OF THE YEAR.

StockMarket 📈

StockMarket 📈- Grapevine

Amazon hits $2trn market cap! For the first time ever :)

Software Developer

Welcome to Indian Startups's Private Community

Nvidia had reached 1 trillion market cap

Welcome to News Discussion's Private Community

- 360 One Asset, an investor in India's National Stock Exchange (NSE), has increased its valuation of the stock exchange to $29.9 billion.
- This new valuation is significantly higher than the $18 billion to $19 billion price tag from private transactions last year.
- The wealth manager disclosed this updated valuation in June, reflecting growing confidence in India's economic prospects and a surge in public listings.
- NSE reported a revenue of $1.94 billion for the financial year ending in March, a 28% increase from the previous year.
- The increase in valuation highlights India's growing prominence in global financial markets, with NSE being the world's largest derivative exchange. 

 Source: [Techcrunch](https://techcrunch.com/2024/08/23/360-one-lifts-its-valuation-of-indias-national-stock-exchange-to-29-9b/)

360 One Lifts Valuation of India's National Stock Exchange to $29.9B

Journalist

- India has overtaken China in the MSCI All-Country World index, with a weighting of 2.33% compared to China's 2.06%.
- This shift makes India the sixth-largest weighting in the index, driven by strong demand in India's stock market.
- Indian companies are capitalizing on the booming market, with significant IPOs like Ola Electric and Bajaj Housing Finance.
- Over $38bn has been raised in India's equity market this year, the highest in Asia.
- Analysts caution that India's high valuations could reverse if Chinese company valuations recover. 

 Source: [Financial Times](https://www.ft.com/content/72864f6a-8b48-4638-84e1-1da5f03d3484)

India overtakes China in world’s biggest investable stock benchmark

Indian stock market hits new highs: 

->BJP-led NDA leads pre-poll surveys
->Strong global cues,ECB rate cut expectations
->FII buying activity
->Anticipated RBI rate cuts
->Broad-based rally in small/mid-cap stocks

Market ATH

If jio platforms get listed today then will be 4th largest firm in India by mcap.

Profit $4B last year
Subscribers - 500M ( more than usa population)
Revenue 1.2 lac crore++
Arpu touching 200inr

Amazing numbers that too within 10y of ops in a competitive segment of telecom.

Jio Valuation crossedb $ 100B

Senior Consultant

Nvidia crosses $3 Trillion in market cap. They crossed Apple.

Product Owner

Mcap vs GDP comparison.

Tata group is 1st conglomerate to hit 30 lac crore mark... ahead of ril, adani, godrej, and Mahindra etc.

India Business News: NEW DELHI: The combined market capitalization of Tata Group companies is now larger than the Gross Domestic Product (GDP) of Pakistan.

At over $365 billion, Tata Group now bigger in size than Pakistan's GDP - Times of India

Tata Group > Pakistan Economy

- Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million.
- The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services, and Nuvama Wealth Management.
- The IPO is expected to be a mix of fresh issue and secondary sales, providing an exit for top VC investors.
- The issue size is projected to be between $500 million and $700 million, with potential for a higher amount based on market conditions.
- Infra.Market's subsidiary, RDC Concrete, plans its own public market debut in January 2025 after divesting a 10% stake worth $20 million in 2023. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/tiger-global-accel-backed-infra-market-picks-8-i-bankers-for-mega-500-mn-plus-ipo-12811099.html)

Infra.Market Selects 8 Investment Banks for $500M+ IPO

Nvidia will take Intel's place on the Dow Jones Industrial Average, marking a big change in the semiconductor world. This shift ends Intel's 25-year run on the index and shows how it's struggling in the market as competition grows and it misses chances in the AI field.

StockMarket 📈

Discover More

FAANG on

by Kalan Lee

Amazon

Amazon hits $2trn market cap! For the first time ever :)

Indian Startups on

by Karilyn Olive

Stealth

Nvidia had reached 1 trillion market cap

News Discussion on

by Isaiah Lee

Grapevine

360 One Lifts Valuation of India's National Stock Exchange to $29.9B

News Discussion on

by Isaiah Nadeen

Grapevine

India overtakes China in world’s biggest investable stock benchmark

Personal Finance on

by Dezi Lee

Student

Market ATH

Indian Startups on

by Kendall Carmden

TCS

Jio Valuation crossedb $ 100B

News Discussion on

by Jordon Lee

Cred

Nvidia crosses $3 Trillion in market cap. They crossed Apple.

Memes on

by Jordon Lee

TCS

Tata Group > Pakistan Economy

News Discussion on

by Isaiah Lee

Grapevine

Infra.Market Selects 8 Investment Banks for $500M+ IPO

News Discussion on

by Isaiah Olive

Paytm

Nvidia's Valuation Soars to $3.32 Trillion: Replaced Intel on the Dow Jones