Top five companies account for 16% of India mcap, lower than DMs

Top five companies account for 16% of India mcap, lower than DMs

India’s five most-valuable companies account for 16.3 per cent of the total market capitalisation (mcap). Developed markets (DMs) such the US, Germany and the UK have relatively higher contributions of top five companies in the total mcap.  Among the top 10 nations in terms of market value, Saudi Arabia has the largest concentration, [...]