The BSE's market cap stood at $994.78 billion (Rs 52,60,044 crore) at close of trade today, which is down $629 billion since the start of this year. The Indian rupee has shed over 20 per cent since July 2011. In rupee terms, the BSE Sensex value fell 22.6 per cent. However, in US dollar terms, it fell 35.5 per cent. Countries that have done worse than India include Egypt, Turkey and Greece.

Indian equity markets lost their trillion dollar status on Tuesday. This means that the market capitalisation of all stocks listed on the Bombay Stock Exchange (BSE) fell below $1 trillion mark.

An estimated 13 countries are in the trillion-dollar club. The US, the UK, Canada, Brazil, Australia, Hong Kong, South Korea, China, Japan, Spain, Germany, Switzerland and France are part of the trillion dollar club. Earlier this year, Russia moved out of this league.

Over the past one year, Indian shares have underperformed all major markets in the world.

The BSE's market cap stood at $994.78 billion (Rs 52,60,044 crore) at close of trade today, which is down $629 billion since the start of this year. The Indian rupee has shed over 20 per cent since July 2011. That has had an impact on the market value of Indian equities in US dollar terms.

In rupee terms, the BSE Sensex value fell 22.6 per cent. However, in US dollar terms, it fell 35.5 per cent. Countries that have done worse than India include Egypt, Turkey and Greece.