The total market capitalisation of all BSE-listed companies has surpassed that of Hong Kong again making it the fourth-highest equity market globally. Currently, the mcap of all BSE listed firms stood at $5.19 trillion compared to $5.17 trillion for Hong Kong, according to data from Bloomberg. The United States is the world’s biggest stock market with a mcap of $56.49 trillion, China is second with a mcap of $8.84 trillion and Japan is third with $6.30 trillion.