India has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea’s market cap saw a significant drop. Major South Korean chip makers like Samsung Electronics and SK Hynix experienced sharp declines. This impacted their overall market value. Indian IT stocks also saw some weakness but remained relatively stable.
India back at no.6 in m-cap league after Korea stock rout
India has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea’s market cap saw a significant drop.