FPIs put over $5 billion in Indian equities for a third month

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%.

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