Sunday, April 20, 2025

India surpasses Hong Kong as fourth-largest global equity market with $4.33 trillion market cap

Date:

Share post:

Shillong, January 23: India’s stock market has achieved a significant milestone, surpassing Hong Kong in total market capitalization, reports suggested.

The combined value of shares listed on Indian exchanges reached $4.33 trillion, outpacing Hong Kong’s $4.29 trillion as of Monday’s close, according to Bloomberg data. This marks India’s ascent as the fourth-largest equity market worldwide. The country’s stock market crossed the $4 trillion mark on December 5, with half of this milestone achieved in the past four years.

The surge in India’s equities can be attributed to the expanding base of retail investors and robust corporate earnings. As the world’s most populous country, India has emerged as a key global destination for investors. Interestingly, this upward trajectory in the Indian stock market coincides with a historic downturn in Hong Kong.

The growing trend in the stock market can be linked to the increasing interest of individuals in stock investments, fostering a vibrant atmosphere for market growth.

Related articles

Andhra Pradesh issues notification to fill posts of 16,347 teachers

Amaravati, April 20: The Andhra Pradesh government on Sunday released a notification for conducting a 'Mega District Selection...

Three killed as torrential rain, landslides wreak havoc in J&K’s Ramban

Jammu, April 20:At least three people were killed by a heavy hailstorm and multiple landslides in Jammu and...

Over 33,000 challans issued for vehicles without high-security number plates in Gurugram

Gurugram, April 20: The Gurugram Traffic Police intensified a crackdown on traffic violations, issuing 33,757 challans between April...

Murshidabad violence: Prime suspect in man-son murder to be produced in court today

Kolkata, April 20:Ziaul Haque, alias Chacha, the key conspirator in the murder of a man and his son...