Top 10 largest global stock exchanges in 2024 by market cap—check where India’s NSE ranks (2024)

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Top 10 largest global stock exchanges in 2024 by market cap—check where India’s NSE ranks? ›

NSE is the world's largest derivative exchange for fifth consecutive Year Ranks 3rd largest globally in equity segment in calendar year 2023.

NSE is the world's largest derivative exchange for fifth consecutive Year Ranks 3rd largest globally in equity segment in calendar year 2023.

The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of over 28 trillion U.S. dollars as of March 2024. The following three exchanges were the NASDAQ, the Euronext, and the Japan Exchange Group.

NSE. The National Stock Exchange (NSE) is the largest stock exchange in India. In terms of market capitalisation, it is also the eleventh-largest stock exchange in the world. You can trade in seven capital market categories at the NSE.

And according to NSE, it took just six months to leap from $4 trillion to $5 trillion, by May, 2024. In the last three months, it added another half-a-trillion taking India's market cap to a neat $5.5 trillion as on August 30. With a market capitalisation of $5.5 trillion, India is currently ranked fourth globally.

Indian and US stock market comparisons

The US stock market is significantly larger than the Indian stock market. The Total Market Capitalization of Indian Stock Market (BSE) is about $5 trillion, while that of US Stock Market is about $50.8 trillion.

Established in 1875 by cotton merchant Premchand Roychand, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the world's 7th largest stock exchange with a market capitalization exceeding US$5 trillion on May 21, 2024.

What is the largest stock exchange in Asia? ›

The Shanghai Stock Exchange is the world's third largest stock market by market capitalization. It is also Asia's biggest stock exchange.

Shanghai Stock Exchange (SSE) is the third largest stock exchange in the world and the biggest in Asia, located in Shanghai, China. It was established in the year 1866.

The New York Stock Exchange (NYSE) is the 1st on the list of the largest stock exchange in the world and is a highly esteemed stock exchange in the USA which is situated at 11, Wall Street, New York City. It was established on May 17, 1792, and consists of 2,400 listed companies.

It is the world's largest derivatives exchange by number of contracts traded and the third largest in cash equities by number of trades for the calendar year 2022. It is the 8th largest stock exchange in the world by total market capitalization, exceeding $5 trillion on May 23, 2024.

India's share in the global market cap at 4.2%, continues to scale new highs: Motilal Oswal. As Sensex and Nifty scale to new highs, India's contribution to the total market capitalization is also significantly increasing.

The economy of India is a developing mixed economy with a notable public sector in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP).

At the close of Thursday's trading, the market-cap of all BSE-listed companies stood at $5.05 trillion (or ₹420.22 lakh crore). India is the fifth country after the US, China, Japan, and Hong Kong whose market capitalisations have crossed the $5-trillion mark.

The current ratio of total market cap over GDP for India is 107.91%. The recent 10 year high was 119.68%; the recent 10 low was 58.03%. If we assume that the ratio will reverse to the recent 10 years mean of 92.07% over the next 8 years, the contribution to expected annual return is -1.96%.