India's BSE market cap reached $5 trillion for the first time on May 21, ranking 5th globally.

BSE-listed firms reached a market capitalization of $5 trillion for the first time on May 21, following a recent surge in mid-cap and small-cap stocks. This milestone was achieved in just six months, with BSE's market cap increasing by $633 billion in the last five months. India's stock market now ranks fifth in the world in market capitalization, following the US, China, Japan, and Hong Kong.