Rapid Fire
Indian Stock Market is Fourth-largest Globally
- 25 Jan 2024
- 1 min read
Recently, the Indian stock market has surpassed Hong Kong to claim the position of the fourth-largest stock market globally.
- Despite a 1.5% dip in domestic indices, the combined value of listed shares on Indian exchanges reached USD 4.33 trillion, exceeding Hong Kong's USD 4.29 trillion, as reported by Bloomberg.
- Factors contributing to India's stock market growth include a strong GDP growth forecast, manageable inflation, political stability, and foreign portfolio investors' inflow.
- The US, China and Japan are the top stock markets in the world.
Read more: Stock Market Regulation
