Question
India has taken over the stock market capitalization of
which country for the first time with the combined value of shares listed on Indian exchanges reaching $4.33 trillion according to data compiled by Bloomberg ?Solution
India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its value crossed $4 trillion for the first time.
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