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India pips Germany into the $3-trillion market capitalisation club

charene514

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India has piped European powerhouse Germany into the $3-trillion market capitalisation club. The Indian domestic market on Monday joined the UK, France and Canada in the $3-trillion m-cap club.

India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion.

In the past, Germany and India had tussled for the eight position. Given the outperformance in European equities, Germany too could join the club soon. The DAX, a gauge for the performance of the largest companies listed on the Frankfurt stock exchange, is up 13% this year outperforming the Sensex which is up 6%.

1621888971-7121.jpg
 
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India has piped European powerhouse Germany into the $3-trillion market capitalisation club. The Indian domestic market on Monday joined the UK, France and Canada in the $3-trillion m-cap club.

India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion.

In the past, Germany and India had tussled for the eight position. Given the outperformance in European equities, Germany too could join the club soon. The DAX, a gauge for the performance of the largest companies listed on the Frankfurt stock exchange, is up 13% this year outperforming the Sensex which is up 6%.

1621888971-7121.jpg
Damn, so US is almost half of the whole world combined? :hitwall:
 
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India has piped European powerhouse Germany into the $3-trillion market capitalisation club. The Indian domestic market on Monday joined the UK, France and Canada in the $3-trillion m-cap club.

India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion.

In the past, Germany and India had tussled for the eight position. Given the outperformance in European equities, Germany too could join the club soon. The DAX, a gauge for the performance of the largest companies listed on the Frankfurt stock exchange, is up 13% this year outperforming the Sensex which is up 6%.

1621888971-7121.jpg

Something wrong with a dataset that places Canada, UK, France above Germany !!!!
 
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India has piped European powerhouse Germany into the $3-trillion market capitalisation club. The Indian domestic market on Monday joined the UK, France and Canada in the $3-trillion m-cap club.

India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion.

In the past, Germany and India had tussled for the eight position. Given the outperformance in European equities, Germany too could join the club soon. The DAX, a gauge for the performance of the largest companies listed on the Frankfurt stock exchange, is up 13% this year outperforming the Sensex which is up 6%.

1621888971-7121.jpg

I don't know the reason why this is a cause for "feel-good" vibes or is some kind of a milestone.

Indian should ideally be neck-and-neck with China, given similar sized population. But it is not.

Chinese market cap is almost five times that of India's. And that is without the stock market debut of Alibaba-backed Ant Financial.

BTW- Germany has 85 Million people (half that of Bangladesh). India has 1400 Million people.

Chew on that for a few minutes...

And Indians scratch their heads on how Dhokeybaaj Banyas suck their country dry in cahoots with dhokeybaaj politicians, here is Mehul Choksi (Modi's relative) who siphoned off 13,500 crores in one go with Nirav Modi.


Kaysey hoga Bharat Mahaan ? Saab Chaur hai...
 
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I don't know the reason why this is a cause for "feel-good" vibes or is some kind of a milestone.

Indian should ideally be neck-and-neck with China, given similar sized population. But it is not.

Chinese market cap is almost five times that of India's. And that is without the stock market debut of Alibaba-backed Ant Financial.

BTW- Germany has 85 Million people (half that of Bangladesh). India has 1400 Million people.

Chew on that for a few minutes...

And Indians scratch their heads on how Dhokeybaaj Banyas suck their country dry in cahoots with dhokeybaaj politicians, here is Mehul Choksi (Modi's relative) who siphoned off 13,500 crores in one go with Nirav Modi.


Kaysey hoga Bharat Mahaan ? Saab Chaur hai...

after covid fuxx up, Hindutva in desperate need of feel-good stuff
 
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Value of global stocks and derivatives exceed the value of global GDP by crazy amounts. These are all imaginary valuations....highly unstable and nothing to brag about. They will evaporate in the blink of a eye in the next big financial crisis.
 
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I don't know the reason why this is a cause for "feel-good" vibes or is some kind of a milestone.

Indian should ideally be neck-and-neck with China, given similar sized population. But it is not.

Chinese market cap is almost five times that of India's. And that is without the stock market debut of Alibaba-backed Ant Financial.

BTW- Germany has 85 Million people (half that of Bangladesh). India has 1400 Million people.

Chew on that for a few minutes...

And Indians scratch their heads on how Dhokeybaaj Banyas suck their country dry in cahoots with dhokeybaaj politicians, here is Mehul Choksi (Modi's relative) who siphoned off 13,500 crores in one go with Nirav Modi.


Kaysey hoga Bharat Mahaan ? Saab Chaur hai...


Where you see despair we see hope. For us it's a milestone !

E.g. I can also say that, Russia has less population then bangladesh still have thousands of nukes, rocket program, submarines and frigates and missiles.. You guys sell only underwears and banyans :lol:

The factories exporting the said textiles deserve credit but with wrong attitude you can always deride it .. !

So please take your negative thinking up yours ! :flame:
Damn, so US is almost half of the whole world combined? :hitwall:

Yes almost..

Their bond markets are deep and even far away options have high liquidity .. Thats a reason people will continue to prefer dollar over anything..

Yuan and other shitty currencies can only dream of it !
 
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I don't know the reason why this is a cause for "feel-good" vibes or is some kind of a milestone.

Indian should ideally be neck-and-neck with China, given similar sized population. But it is not.

Chinese market cap is almost five times that of India's. And that is without the stock market debut of Alibaba-backed Ant Financial.

BTW- Germany has 85 Million people (half that of Bangladesh). India has 1400 Million people.

Chew on that for a few minutes...

And Indians scratch their heads on how Dhokeybaaj Banyas suck their country dry in cahoots with dhokeybaaj politicians, here is Mehul Choksi (Modi's relative) who siphoned off 13,500 crores in one go with Nirav Modi.


Kaysey hoga Bharat Mahaan ? Saab Chaur hai...

Indians incompetence and corruption to the core
 
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And do these fancy MBA-created numbers help create a harmonious life for Indians, like the hungry, the homeless and the suiciding farmers ?

Rubbish I say !
 
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proud moment for indians beating 10X smaller nations. :enjoy:
And do these fancy MBA-created numbers help create a harmonious life for Indians, like the hungry, the homeless and the suiciding farmers ?

Rubbish I say !
you are one of the few indians left who doesn't live in delusion a very small minority in india.
 
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Where you see despair we see hope. For us it's a milestone !

E.g. I can also say that, Russia has less population then bangladesh still have thousands of nukes, rocket program, submarines and frigates and missiles.. You guys sell only underwears and banyans :lol:

The factories exporting the said textiles deserve credit but with wrong attitude you can always deride it .. !

So please take your negative thinking up yours ! :flame:


Yes almost..

Their bond markets are deep and even far away options have high liquidity .. Thats a reason people will continue to prefer dollar over anything..

Yuan and other shitty currencies can only dream of it !

trump idol worshipping by Hindus :rofl:
 
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you are one of the few indians left who doesn't live in delusion a very small minority in india.

Thank you. And technically there are hundreds of thousands of people like me in India, six or seven on this very forum, but our voices are swamped by the delusions and lies of the Hindutvadi, hyper-nationalist IT Cell members and unfortunately and especially the so-called middle class, which is a large proportion of the population and which should be leading the country into progress, believes in those lies and delusions.
 
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Thank you. And technically there are hundreds of thousands of people like me in India, six or seven on this very forum, but our voices are swamped by the delusions and lies of the Hindutvadi, hyper-nationalist IT Cell members and unfortunately and especially the so-called middle class, which is a large proportion of the population and which should be leading the country into progress, believes in those lies and delusions.
stay safe and strong.
 
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