India’s billion dollar m-cap firms swell… The record-breaking market rally has pushed more Indian companies into the billion-dollar market cap club. The number of domestic companies whose market value has exceeded a billion dollars has touched an all-time high of 335, exceeding that of countries like Germany, France, Canada or South Korea. Currently, India is ranked fifth and is inching towards the fourth position which is currently held by the UK with 351 companies. India is the second-best performer among the top 20 countries so far in 2021 after Hong Kong, and has added $246 billion in market capitalisaion, taking its total market capitalisation to $2.77 trillion
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