India Surpasses Hong Kong in Stock Market Cap Milestone

Business

India Surpasses Hong Kong in Stock Market Cap Milestone

India’s stock market has surpassed Hong Kong’s in market capitalization for the first time, marking another achievement for the South Asian nation. According to Bloomberg data, the combined value of shares listed on Indian exchanges reached $4.33 trillion, outpacing Hong Kong’s $4.29 trillion, making India the fourth-largest equity market globally. India’s stock market had crossed the $4 trillion milestone on…