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Comparative Analysis of Indian Stock Market with ... - Great Lakes

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and having the largest number <strong>of</strong> companies listed. United States leads the list <strong>of</strong> countries<br />

<strong>with</strong> the highest market capitalization. It is interesting to note that the total market<br />

capitalization <strong>of</strong> all the companies listed on the New York <strong>Stock</strong> Exchange is greater than the<br />

amount <strong>of</strong> money in the United States. As mentioned earlier, the above data pertain to the<br />

year 2005. The individual and global economy has grown since then. As on March 2006, the<br />

global market capitalization for all stock markets was $43600 billion.<br />

Listed Securities<br />

45<br />

Listing in a stock exchange refers to the admission <strong>of</strong> the securities <strong>of</strong> the company for<br />

trade dealings in a recognized stock exchange. The securities may be <strong>of</strong> any public limited<br />

company, Central or State Government, quasi-governmental and other financial<br />

institutions/corporations, municipalities, etc. Securities <strong>of</strong> any company are listed in a stock<br />

exchange to provide liquidity to the securities, to mobilize savings and to protect the interests<br />

<strong>of</strong> the investors.<br />

India has the highest number <strong>of</strong> companies listed in the stock market. Out <strong>of</strong> this, about 75<br />

% <strong>of</strong> the companies are listed <strong>with</strong> the Bombay <strong>Stock</strong> Exchange. After India, United States has<br />

the highest number <strong>of</strong> companies listed.<br />

©<strong>Great</strong> <strong>Lakes</strong> Herald – April 2007 Volume 1, Issue 1 by <strong>Great</strong> <strong>Lakes</strong> Institute <strong>of</strong> Management, Chennai

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