Indian bourses have outpaced those in developed countries in terms of growth in market value in one year ended July 2007.

NSE recorded one-year growth of about 98 per cent in total market cap of all companies listed on it, moving up two positions from its ninth rank in June. BSE moved up three places from 11th rank in previous month with rise of 93 per cent in total market cap. This is due to sharp rise in share prices and market capitalisation of companies listed on National Stock Exchange and Bombay Stock Exchange, which have emerged as world’s seventh and eighth fastest growing bourses over the period.  According to data compiled by World Federation of Exchanges, NSE emerged as world’s second-fastest growing bourse in terms of number of companies listed on it, moving two slots up from third-fastest at the end of June. BSE retained its position as biggest bourse with 4,853 listed companies. At July-end, BSE had a market cap of $1,117.9 billion, while total market cap of firms at NSE was $1,065.5 billion.