India overtakes Hong Kong as world’s 4th largest stock market by m-cap
India has become the world's fourth-largest equity market with m-cap of $4.33 trillion, surpassing Hong Kong's $4.29 trillion mark on Monday.
India has become the world's fourth-largest equity market with m-cap of $4.33 trillion, surpassing Hong Kong's $4.29 trillion mark on Monday.
India is just 3-4% of world mcap. Putting all your eggs in such a small basket is risky.
A flurry of macroeconomic data including CPI, WPI, trade exports and imports, and trade deficit numbers will be released this week, which can set tone for Indian equities.