Financial Express: New Delhi: India today managed to hold onto the elite league of 14 countries with a trillion-dollar stock market, although by a small margin, with a market size just hovering over this mark at USD 1.0116 trillion. As the market barometer Sensex plunged to a 28-month low, the total size of the market today dipped to Rs 5,348,352.02 crore, measured in terms of total value of all the listed companies in the country. At the currency rate of Rs 52.87 
against the US dollar at the end of day, the Indian market was worth USD 1,011.6 billion in the American currency. At the day's lowest level of rupee at Rs 53.25, the market size was USD 1004.4 billion -- retaining the trillion-dollar tag by a whisker. In percentage terms, the market is just about 1 per cent away from losing its trillion-dollar size and an equivalent fall in either the stock market or the rupee value could take the market below this mark. The rupee has been a declining trend for many months now and had hit its record low level below Rs 54-level last week, but the fall has been somewhat arrested since then on the back of an intervention by the Reserve Bank. The market size has been hovering above the trillion- dollar mark for last few days and an eminent miss was averted on Thursday last week, when the RBI managed to reverse the downfall of rupee after a record fall to Rs 54.30 level. Read Full: Indian market retains trillion-dollar tag
