Question
In the global market capitalization ranking, what is
India's current position according to Bloomberg data as of Jan 2024?Solution
The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday's close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its stock market capitalization crossed $4 trillion for the first time in Dec and it was at 5th in Dec 2023.
