Mumbai
Indian stock indices delivered outstanding performance in the second quarter of FY 2024-25. From April to June, the market capitalization of Indian stocks surged by 13.8%, marking the highest growth among the world’s top 10 stock markets.
Currently ranked as the fifth largest stock market globally, India boasts a market capitalization of $5 trillion. This growth trajectory places India ahead of several major economies in terms of stock market expansion.
During the same period, the US, the world’s largest stock market, saw a modest increase of 2.75%, pushing its market valuation to $56 trillion. Conversely, China’s equity market experienced a decline of 5.59%, reducing its capitalization to $8.6 trillion.
Other notable performers in the top 10 markets include Taiwan and Hong Kong, which saw increases of 11% and 7.3% respectively, reaching market valuations of $2.49 trillion and $5.15 trillion. The UK’s stock market valuation rose by 3.3% to $3.2 trillion.
However, some markets faced declines: Saudi Arabia’s market valuation dropped by 8.7% to $2.67 trillion, while France and Japan saw decreases of 7.63% and 6.24% respectively.
India’s bullish trend since 2023 has been remarkable, with last year witnessing a market valuation increase of over 25%. In June alone, both the Sensex and Nifty indices rallied nearly 7%, reinforcing India’s robust position in global equity markets.
