MUMBAI: According to the latest data available on the BSE's website today on Tuesday, May 21, the all-India market capitalisation, including 5,391 listed companies, stood at $5 trillion or Rs 414.7 lakh crore. This is about $633 billion higher than that at the start of the year. 

This is despite the fact that the markets have been witnessing volatility amid the uncertainties on the ongoing Lok Sabha elections where foreign investors were seen to be selling their position in equities and other markets. 

Company-wise, Reliance Industries Ltd (RIL) topped the companies in market capitalisation with Rs 19.42 lakh crore, followed by Tata Consultancy Services (TCS) with Rs 13.82 lakh crore, HFCD Bank (Rs 11.08 lakh crore), ICICI Bank (Rs 7.88 lakh crore), and Bharti Airtel (Rs 7.62 lakh crore). State Bank of India (SBI) comes sixth with Rs 7.41 lakh crore, followed by LIC (Rs 6.46 lakh crore), Infosys (Rs 5.95 lakh crore), ITC (Rs 5.43 lakh crore), and Hindustan Unilever (Rs 5.42 lakh crore). 

According to a report in Moneycontrol, BSE’s total market capitalisation had hit $4 trillion in November 2023 and has now soared past $5 trillion in just six months. BSE-listed firms reached a market cap of $1 trillion back in May 2007, doubling in over a decade to $2 trillion in July 2017, and then reaching the $3 trillion mark in May 2021. Currently, only four stock markets world over are in the $5-trillion-plus club, namely, USA, China, Japan and Hong Kong. The US leads with a market cap of almost $55.65 trillion, followed by China ($9.4 trillion), Japan ($6.42 trillion), and Hong Kong ($5.47 trillion).

Meanwhile the BSE Sensex on today declined by nearly 53 points in a volatile trade amid weak trends from Asian and European markets and fresh foreign fund outflows. The 30-share Sensex declined 52.63 points or 0.07 per cent to settle at 73,953.31 as 18 of its constituents declined while 12 ended with gains. The index gyrated around 426 between a high of 74,189.19 and a low of 73,762.37 in day trade.