Which are the world’s top 10 stock exchanges based on market cap?

The surge in stocks has happened due to excess global liquidity pumped in by the governments and central banks across the globe, through stimulus packages. Since economy was on a standstill, a lot of this liquidity found its way to global stock markets.This led to a massive surge in the wealth of investors, despite the economies across the world being in tatters and the continued onslaught of COVID-19.

China was the only major economy not to witness a recession in 2020, despite being the origin of the global pandemic. The country’s stock exchange – Shanghai Stock Exchange – is the world’s third largest stock exchange

Based in Mumbai – a major financial hub of India, which is one of the fastest growing economies in the world – the NSE is a sure shot entrant in the top 10 list globally. It was formed in 1992 as the country’s first dematerialised electronic exchange.

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