The MSCI World index has recorded 16.2% year to date return which is the best since 2009. Indian equities added $0.6 trillion of the market capitalization since the beginning of March 2023 while the world’s market capitalization expanded by $8.9 trillion. It means India contributed about 7.2% to the incremental global market capitalization while its share in the world’s total market cap was 3.4%.
First shockwaves of Trump’s tariffs are about to hit world economy
The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of manufacturing and services activity since