Posted 1/23/2024, 2:37:00 PM
India Stock Market Overtakes Hong Kong to Become 4th Largest Globally As Investor Interest Booms Amid Economic Promise
- India's stock market surpassed Hong Kong's to become the 4th largest globally, with $4.33 trillion in total share value
- India's market has boomed due to more retail investors and strong corporate earnings
- India overtook China in population last year and is poised for rapid economic growth
- Hong Kong's market has declined alongside China's struggling economy and property crash
- The Hang Seng index in Hong Kong fell 30% last year but rose Tuesday on potential Chinese stimulus