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Time for a reality check! India's stock Market value not half of 3 tech giants combined

mensxp.com 1 day ago
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Stock market

The stock market is extremely unpredictable and sometimes the results can provide a reality check.

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The tech giants

The Big 3 as the giants of the tech world are known, have a combined market cap of more than Rs. 8.05 crore crore.

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Leaving the NSE far behind

Meanwhile, India's National Stock Exchange was less than half of the combined value of Microsoft, Nvidia and Apple. It's market cap as of March 2024 was around Rs. 3.82 crore crore.

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Overshadowing countries

In fact, the Big 3 were well ahead of all Stock Exchanges outside the USA.

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Closest one

Euronext was the closest at a valuation of almost Rs. 6 crore crore.

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Ruling the roost

It goes to show why these tech giants are on top of the world.

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Reality check

For India it was another reality check as the NSE was nowhere close to the Big 3.

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Nothing is constant

Of course, things can change in the blink of an eye as nothing lasts forever.

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