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India overtakes Hong Kong as world’s fourth-largest stock market

by TLAteam January 23, 2024January 23, 2024
written by TLAteam January 23, 2024January 23, 2024
India overtakes Hong Kong as world’s fourth-largest stock market

India’s stock market has pipped Hong Kong for the first time. The combined value of shares listed on Indian exchanges hit $4.33 trillion as of Monday’s close, against $4.29 trillion for Hong Kong, according to data compiled by Bloomberg, making India the fourth-biggest equity market globally.

Business News

Its stock market capitalization crossed $4 trillion for the first time on December 5, with about half of that coming in the past four years.

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