ripples advisory Forget Sensex, India’s market cap likely to double from $2 trn to $4-5 trn in 7-10 yrs

The current mark cap of the Indian market is roughly $2 trillion which is still more than countries like Brazil, Indonesia, Taiwan, Korea, and Russia.

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The Indian market, which recently entered the $2 trillion market cap club last month, thanks to a gush of local as well as global liquidity, will soon join the $4 trillion club in the next 7-10 years, suggest experts.

The current mark cap of the Indian market is roughly $2 trillion which is still more than countries like Brazil, Indonesia, Taiwan, Korea, and Russia.

The market raced to fresh record highs in the last 5 months courtesy reform push by the Modi-led government, expectations of higher earnings for India Inc., rebound in economic growth and stable political environment.