![]() The first ever attainment of these landmarks is likely to create many self-congratulations and media events in the coming days. However, if one stretches the definition of what constitutes an Indian stock, plus does a rounding, the Indian stock market is also about a trillion dollars as of Wednesday. The report said that India's stock market capitalisation too stands at $944 billion, just shy of the $1-trillion mark. ![]() ![]() With the Rupee appreciating to below 41 against the US dollar on Wednesday, it was the first day for the economy to be a trillion-dollar economy. The strengthening rupee has now made India the 12th country to achieve this milestone. According to a Credit Suisse report, Indian GDP at the current price level of the rupee (Rs 40.76 per $) stands at $1trillion.
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