India Becomes Fourth Largest Stock Market

The Indian Stock Market has become the fourth-largest globally, surpassing Hong Kong. The combined value of shares on Indian exchanges reached US$4.33 trillion by the end of Monday’s closing, exceeding Hong Kong’s US$4.29 trillion.

On December 5, India’s stock market capitalization exceeded $4 trillion for the first time. The current top three stock markets globally are the United States, China, and Japan.

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Investors in Indian stocks have had an impressive year, with the Sensex and Nifty gaining 17-18 per cent cumulatively in 2023, compared to a more modest 3-4 per cent each in 2022.

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Akhil

Akhil, a passionate young writer, started his journey at M9 News and has since become a key member of the team. With a deep love for Telugu cinema, Hyderabad city news, and a keen interest in general affairs, Akhil br…

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