According to SEBI's categorization, large-, mid-, and small-cap stocks accounted for 3.51%, 0.81%, and 0.42% of the total Nifty-500’s corporate profit-to-GDP ratio, respectively. (Representative image. Source: Canva AI)
Motilal Oswal takes a closer look at the corporate profit-to-GDP ratio achieved by India’s listed corporate sector. Their analysis examines corporate earnings as a percentage of GDP in greater detail, using the Nifty-500 as a proxy for corporate earnings, as this index represents ~90% of India’s market capitalization.