Record-bound Indian stocks reclaim spot in world’s top 5 markets

India’s stock market has overtaken France and regained its position as the world’s fifth-largest stock market, with a market capitalisation of $3.3tn. This came about thanks to the recovery of Adani Group stocks after a major upheaval earlier this year, combined with international funds fleeing the sluggish Chinese investments market and scouting growth opportunities in India. The S&P BSE Sensex Index is now nearing record highs after a 9% bounce back following a brief dip into correction territory in March.

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