India Surpasses Hong Kong To Secure Fourth Spot In Global Stock Markets

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Indian stock market achieves a historic milestone, securing the coveted fourth position globally with a total value of USD 4.33 trillion, surpassing Hong Kong's USD 4.29 trillion.

India Surpasses Hong Kong in Global Stock Markets

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Indian stock market witnesses outstanding growth, with Sensex and Nifty indexes rising by 17–18%, outperforming the 3-4% gain observed in 2022.

Impressive Growth in 2023

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Hong Kong's Hang Seng Index plunges by 32-33% in the past year due to COVID-19 restrictions, regulatory crackdowns, property sector crisis, and escalating geopolitical tensions.

Hong Kong's Downturn

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India's ascent attributed to robust GDP growth, manageable inflation, stable government, and global monetary easing, attracting foreign portfolio investors and achieving record highs.

Factors Driving India's Rise

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India, with a stable political environment and a consumption-driven economy, becomes a viable alternative to China, attracting fresh capital amid Hong Kong's slump.

India vs. China Dynamics

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With a burgeoning population and optimistic indicators, India's rise to the fourth position signals economic resilience, making it a significant player on the global economic stage in the years ahead.

India's Bright Economic Future

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