iNDICA NEWS BUREAU-
During the April-June period of FY 2024-25, Indian stock indices gave a stellar performance as market capitalization increased by 13.8%, the highest among the top 10 stock markets. Currently, the Indian equity market is the fifth largest stock market in the world, with a market capitalization of $5 trillion.
Between April and June, the market valuation of US markets, the world’s largest stock market, increased by 2.75% to $56 trillion.
The valuation of China’s equity market, the world’s second-largest stock market, has declined by 5.59% between April and June. The capitalization of the Chinese stock market has reduced to $8.6 trillion.
After India, the markets of Taiwan and Hong Kong surged by 11% and 7.3%, respectively, between April and June. The market valuation of Taiwan and Hong Kong has increased to 2.49 trillion and 5.15 trillion, respectively.
At the same time, the valuation of the United Kingdom’s stock market has increased by 3.3% to $3.2 trillion.
Among the top 10 markets, Saudi Arabia’s stock market valuation has declined the most, by 8.7% to $2.67 trillion. The valuation of the French stock market fell by 7.63% to $3.18 trillion. At the same time, the valuation of Japan’s stock market has fallen by 6.24% to $6.31 trillion.
The Indian stock market is witnessing a bullish trend from 2023 onwards. Last year, the valuation of India’s stock market increased by more than 25%. In June, both Sensex and Nifty rallied by nearly 7%.
