India's Stock Market Surges, Closing in on Hong Kong as World's 4th Largest
- India's market cap now $4.3 trillion, close to Hong Kong's $4.7 trillion
- In March 2020, Hong Kong's market cap was 3.44 times larger than India's
- India's market cap has surged over 3.5 times since March 2020 lows
- Much of Hong Kong's market cap due to Mainland China companies listing there
- If India surpasses Hong Kong, it will rank 4th largest global equity market