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Indian stock investors lost $104.7 bn in May
Mumbai, May 17 -- India's total market capitalization, or the value of all shares traded, has eroded this month after equities went into a tailspin in May because of a slew of factors. Aggregate market cap in dollar terms fell 4.8%, losing $104.7 billion, since the beginning of May, showed Bloomberg data. Among the world's biggest stock markets, China's market cap has slipped 5.59%-the most in May so far. However, in this year so far, China's market capitalization has jumped 24.28%-the most among the top 10 countries. China's market capitalization is at $6.68 trillion, much lower than the $31.17 trillion of market topper US. Last week, India fell two notches to rank ninth in the table with a market capitalization of $2.08 trillion. Canada a...
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