[ad_1] BYD, China’s leading electric vehicle (EV) maker, saw its market capitalisation surge to almost $162 billion on Tuesday, March 18, after unveiling a new battery and charging system that charges almost as fast as refuelling a conventional car. The surge in BYD’s stock pushed its market capitalisation beyond the combined market value of India’s […]
Market Sell-Off Impact: India’s share in global market cap below 3% for the first time in two years – CNBC TV18
[ad_1] With broad-based selling showing no immediate signs of abating, Indian equities have together lost over $1 trillion in market capitalisation since beginning of the year. The erosion in market capitalisations has resulted in the country’s dominance among global markets to fall the lowest level in two years. According to Bloomberg data, India’s share in […]
Nifty50 companies no more account for 50% of NSE market capitalisation – CNBC TV18
[ad_1] The sell-off in select largecaps and a record fund raising through primary offerings have dampened the dominance of Nifty50 companies in the overall market capitalisation. The share of top 50 companies relative to the NSE’s aggregate market valuation has slumped to 43% from the record 68% seen in April 2004, show data compiled from […]
India fourth largest equity market but lags its smaller peers in turnover velocity – CNBC TV18
[ad_1] India may be the fourth largest equity market in the world, but the equity turnover on exchanges as a percentage of total market capitalisation is very low, which stands at 54%. In contrast, the 13th largest equity market South Korea — boasts a turnover velocity of 172%, which is even higher than the USA- […]