Markets
India Stock Value Tops $4 Trillion, Narrowing Gap With Hong Kong
- India added $1 trillion in market cap in less than three years
- Key benchmarks are set for eighth-straight year of advances
Foreign investors have bought more than $15 billion of the nation’s stocks this year on a net basis, while domestic funds have poured in more than $20 billion.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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India’s stock market value reached more than $4 trillion Tuesday for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong.