Last Thursday, the shares of Meta (Facebook) plunged over -26% in a day resulting in the company losing $230B of its market cap. If you want to understand how big this loss is, then know that the value wiped out of Meta’s market cap (-$230B) is bigger than the market cap of Reliance Industries.
The Shares of Meta fell after the poor quarterly earnings report in which the company showed both declining user growth and rising expenses tied to the company’s focus on augmented and virtual realities. Further, Meta reported that FB lost daily users for the first time in its history! Even its billionaire CEO, Mark Zuckerberg, lost $29 Billion in a day after Meta Shares crashed.
After the Meta stock crash news went viral, most investors wonder how big US stocks are compared to the Indian Stocks? This is what we are going to discuss in this article.
Marketcap of Top US Stocks
Here is the list of the top seven US Stocks in terms of their market capitalization in US Dollars as of Feb 2022:
| Company | Market cap |
| Apple | $2.861T |
| Microsoft | $2.386T |
| Alphabet (Google) | $1.961T |
| Amazon | $1.598T |
| Tesla | $942.36B |
| Berkshire Hathaway | $705.07B |
| Meta (Facebook) | $677.84B |
Marketcap of Top Indian Stocks
Here is the list of the top seven Indian Stocks in terms of their market capitalization in US Dollars as of Feb 2022:
| Company | Marketcap |
| Reliance Ind | $211.05B |
| TCS | $190.38B |
| HDFC Bank | $127.25B |
| Infosys | $97.94B |
| ICICI Bank | $75.87B |
| Hindustan Unilever | $72.55B |
| State Bank of India | $63.32B |
From the above tables, you can notice that the top Indian stocks have a long way to go to catch up with the valuation of the US Stocks. The largest company in US Stock Exchanges is Apple with a market cap of $2.861 Trillion, followed by Microsoft ($2.386 Trillion) and Google ($1.961 Trillion).
On the other hand, the largest company in India is Reliance Industries with a market cap of $211.05 Billion, followed by TCS ($190.38Billion) and HDFC Bank ($127.25 Billion). The combined market cap of all the seven largest Indian companies is even less than the market cap of Tesla.
Further, if we look into the US Stock market, The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of over $27.7 trillion dollars as of December 2021. On the Other hand, India’s National Stock Exchange (NSE) is the 9th largest stock exchange in the world with a market capitalization of $3.55 trillion dollars as of Dec 2021.
The market cap of Indian stock exchanges will only grow when the market cap of the constituent listed companies of this exchange grows significantly.
