By Admin 
Pakistan Stock Exchange: The ceasefire has been agreed between India and Pakistan, but Pakistan has found it expensive to collide with India. In the last three days, Pakistan’s counter -attack has caused a lot of damage to Pakistan. Even if this happens, when Pakistan does not last anywhere in front of India on any front economic, strategic or strategic. Where the GDP of Pakistan is just $ 350 billion, which is just a part of India’s 4 trillion dollar economy. The same inequality appears in the stock markets of both countries.
Land-sky difference between Indian stock market and PSX
India’s 1 rupee is equivalent to 3.283372 Pakistani rupees. On this basis, the total market capital of 476 most valuable companies on Pakistan Stock Exchange (PSX) is 5.66 lakh crore. This is less than the market cap of 6.26 lakh crores of India’s only large cap company Infosys. The total value of PSX is only slightly more than the market capitalization of 5.48 lakh crore of Hindustan Unilever. The total market cap of Pakistan’s benchmark index KSE -100 is 3.31 lakh crores – which is less than the 3.34 lakh crore market cap of UltraTech cement.
PSX comes into this category due to slight more decline
On Friday, the Pakistani stock market jumped in the hope of getting a bailout package from the International Monetary Fund (IMF). However, by pulling forward and longer amidst this geopolitical stress, it would bring it into the category of Indian companies of medium-sized. Due to the decline of 10 percent in the Pakistani stock market, its market cap will fall to 2.98 lakh crores, which is close to the Titan company (3.11 lakh crore). The decline of 15 percent will make it equal to Adani Ports and SEZ (2.82 lakh crore) and a decline of 20 percent will make it close to the power grid corporation (2.78 lakh crore).
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