India's stock market surpasses Hong Kong's, becoming the 4th largest globally at USD 4.33 trillion.

India's stock market has surpassed Hong Kong's for the first time, reaching $4.33 trillion as of Monday's close. This makes India the fourth-biggest equity market globally, with its stock market capitalization crossing $4 trillion for the first time on December 5. India's growth is attributed to a growing retail investor base and strong corporate earnings, making it an attractive alternative to China.

January 23, 2024
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