India Surges Past
Hong Kong:
Now the
World's
4th Stock Market Powerhouse!
Market Milestone
India's stock market surpasses Hong Kong, claiming the seventh spot globally in total market capitalization.
Economic Optimism
Growing confidence in India's economic prospects propels its stock market to new heights.
Value of Shares Listed
Total Value of Shares listesd on Indian Exchanges crossed $4.3trillion, higher than Hong Kong's $4.29trillion
Nifty 50 Soars
India's Nifty 50 index achieves yet another record high, marking a remarkable 16% surge this year.
Long-Term Success
India's Nifty 50 index is on track for its eighth consecutive year of gains, while Hong Kong's Hang Seng index faces a 17% year-to-date decline.
Asia-Pacific Standout
India emerges as a standout market in the Asia-Pacific region in 2024.
Market Dynamics
Increased liquidity, rising domestic participation, and favorable global macro conditions contribute to India's stock market resilience.
Hurdles for Hong Kong
In contrast, Hong Kong's benchmark Hang Seng index struggles, experiencing a significant 17% year-to-date plunge.
India's Bullish Trend
With a positive trajectory, India's stock market showcases resilience and attractiveness for investors in the current financial landscape.