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We saw recently how India is ahead of Pakistan in defense military and air force. But India also leads in different business than Pakistan and there is no match of the whole Pakistan if compared to even a single Indian company. There are many such companies which alone can take over Pakistan’s whole stock exchange. A single Indian IT giant Infosys surpasses the combined market value of the top 476 companies listed on the Pakistan Stock Exchange (PSX). Pakistan’s GDP of $350 billion is very less than India’s $4 trillion economy. The total market capitalisation of Pakistan’s 476 largest listed companies is Rs 5.66 lakh crore. Compared with Narayana Murthy’s Infosys whose market cap is of Rs 6.26 lakh crore as of last Friday reported Fortune India citing stockanalysis.com. Even Hindustan Unilever valued at Rs 5.48 lakh crore almost matches PSXs combined worth. If we look at Pakistan’s benchmark index the KSE-100 combined market cap of Rs 3.31 lakh crore less than UltraTech Cement’s Rs 3.34 lakh crore valuation. If Pakistan’s stock market drops by 10% in market cap it would bring it down to Rs 2.98 lakh crore which is almost similar to Ratan Tata’s Titan Company’s Rs 3.11 lakh crore. A 20% fall will take it to Power Grid Corporation’s Rs 2.78 lakh crore valuation. The gap can be seen if compared with multinational corporations (MNCs) in the two countries. Pakistan’s top six MNCs Nestle Colgate-Palmolive Pakistan Tobacco Unilever Foods GSK and Abbott all collectively have a market cap of Rs 36660 crore. In India the same MNCs collectively have 14.8 lakh crore. Companies like Hindustan Unilever and Nestle India surpasses the entire Pakistani MNC sector. Even Pakistan’s biggest listed company the state-owned Oil and Gas Development Company (OGDC) has a market cap of Rs 23812 crore which is just 1.28% of Reliance Industries Rs 18.64 lakh crore valuation. OGDCs market cap is far lesser than Indraprastha Gas at Rs 27986 crore. In OGDCs Global Depository Receipts (GDRs) its valuation of around Rs 28000 crore still lags behind India’s NLC valued at over Rs 30000 crore. The Pakistan Stock Exchange with a market cap of Rs 527 crore far behind the Bombay Stock Exchange’s Rs 88969 crore.