Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

India has become the fourth largest securities market in the world


January, 23 2024
watermark Economic news

The capitalization of the Indian stock market exceeded the capitalization of Hong Kong for the first time. At the close of trading on Monday, the value of shares listed on Indian exchanges was $4.33 trillion, exceeding $4.29 trillion in Hong Kong. 


India is now the fourth largest securities market in the world. The growth of the Indian stock market is driven by a rapid increase in the number of retail investors and high corporate revenues. 


In addition, by becoming the most populous country in the world, India provides an alternative to China, attracting capital from global investors and companies thanks to a stable political system and a consumption-oriented economy.


Global X ETF CEO Evan Metcalf highlights India as the best structural growth story, noting that, unlike China's slow growth, India can become the engine of emerging markets. 


However, despite the drop in the market value of China and Hong Kong by more than $6 trillion since its peak in 2021, some analysts predict that Chinese stocks will outperform Indian stocks this year.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.