Baselabs

Main Menu

  • Home
  • Software development
  • Automotive applications
  • Data fusion
  • German company
  • Debt

Baselabs

Header Banner

Baselabs

  • Home
  • Software development
  • Automotive applications
  • Data fusion
  • German company
  • Debt
German company
Home›German company›India brings Germany into $ 3 trillion market capitalization club

India brings Germany into $ 3 trillion market capitalization club

By Russell Lanning
May 24, 2021
0
0

India introduced Germany, the European powerhouse, into the $ 3 trillion market capitalization club. The Indian domestic market joined the UK, France and Canada in the $ 3 trillion open-ended club on Monday.

India currently sits in eighth place on the top-valued stock market chart, ahead of Germany, which has a market capitalization of $ 2.8 trillion.


READ ALSO: M-cap of BSE-listed companies to record $ 3 trillion: thanks to wider rally

In the past, Germany and India competed for eighth place. Given the outperformance of European equities, Germany could also join the club soon. The DAX, a measure of the performance of the largest companies listed on the Frankfurt Stock Exchange, is up 13% this year outperforming the Sensex which is up 6%.

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that are of interest to you and which have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times stemming from Covid-19, we continue to remain committed to keeping you informed and up to date with credible news, authoritative opinions and cutting-edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with higher quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscribing to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we engage in.

Support quality journalism and subscribe to Business Standard.

Digital editor

First published: Tue 25 May 2021 00:54 IST

Related posts:

  1. Deutsche speeds up corporate banking overhaul after Brexit
  2. Germany gives green light to driverless vehicles on public roads – TechCrunch
  3. Germany’s Vonovia to buy Deutsche Wohnen for $ 23 billion
  4. Zelensky discusses the risks of Nord Stream 2 with the co-chair of the German 90 Alliance / Les Verts – UNIAN

Categories

  • Automotive applications
  • Data fusion
  • Debt
  • German company
  • Software development

Recent Posts

  • Tesla wins Autopilot and FSD ‘misleading’ marketing lawsuit in Germany
  • Record Debt: Tips for Managing Your Mortgage
  • Australian tech entrepreneur Jennifer Zanich joins remote workforce platform Cloudstaff
  • More than half of market revenue comes from the top 3 market leaders
  • Thermal energy: can the MGA fill a battery void?
  • Privacy Policy
  • Terms and Conditions