The difference between the market cap of Hong Kong and India has narrowed sharply to $500 billion compared with $1.9 trillion a year ago. India’s market cap is up 0.52 percentage point in 2023 following the relentless domestic market rally that has lifted benchmark indices by 16%. India’s long-term average share in global market cap is 2.6%.
Market Outlook: Can Nifty find its footing as crude, Fed policy drive markets?
Indian equities enter a holiday-shortened week with the Nifty at a crucial support zone after five consecutive weekly declines. The US Fed’s policy decision, FOMC