India surpasses the United Kingdom as the world's fifth most valuable stock market, according to a report.
India surpassed the United Kingdom, Canada, and Saudi Arabia to become the world's fifth most valuable stock market.
At $47.32 trillion, the United States is the world's largest market, followed by China ($11.52 trillion), Japan ($6 trillion), and Hong Kong ($5.55 trillion).
With the exception of Saudi Arabia, all major global financial markets have fallen as a result of Russia-Ukraine hostilities. Since the beginning of December, the United States has lost about $6.6 trillion, China has lost $1.48 trillion, Japan has lost $622 billion, and Hong Kong has lost $524.31 billion.
Since the beginning of the year, India has lost less money: $257.35 billion. According to Morgan Stanley, despite the spike in crude, Indian equities have held up exceptionally well, likely due to a combination of a shift in macro financing mix to FDI, lowering oil intensity in GDP, high real relative policy rates, and a strong local premium on stocks.
"Market recovery over the last several days has been boosted by good feelings about election results as well as news that the war in Ukraine appears to be coming to an end."
In an exclusive interview with CNBC-TV18 on March 10, Nilesh Shah, managing director, Kotak Mahindra Asset Management Company, stated, "There have been hints of reconciliation between Russia and Ukraine, and their foreign ministers are likely to meet again today."
Geopolitical tensions between Russia and Ukraine are affecting equity markets, particularly in India, and have resulted in continuous selling by foreign institutional investors (FII).
In an interview with CNBC-TV18, Raamdeo Agrawal, co-founder and joint managing director of Motilal Oswal Financial Services, stated, "Over the Indian stock markets, the real fight is the ongoing FII selling, which has been in the neighbourhood of $1 billion on a daily basis for the previous few days."
"For the time being, the FIIs have left India, but they would have a difficult re-entry if they chose to return to Indian stocks," Agrawal warned.
Since the beginning of the year, India has lost less money: $257.35 billion. According to Morgan Stanley, despite the spike in crude, Indian equities have held up exceptionally well, likely due to a combination of a shift in macro financing mix to FDI, lowering oil intensity in GDP, high real relative policy rates, and a strong local premium on stocks.
"Market recovery over the last several days has been boosted by good feelings about election results as well as news that the war in Ukraine appears to be coming to an end."
In an exclusive interview with CNBC-TV18 on March 10, Nilesh Shah, managing director, Kotak Mahindra Asset Management Company, stated, "There have been hints of reconciliation between Russia and Ukraine, and their foreign ministers are likely to meet again today."
Geopolitical tensions between Russia and Ukraine are affecting equity markets, particularly in India, and have resulted in continuous selling by foreign institutional investors (FII).
In an interview with CNBC-TV18, Raamdeo Agrawal, co-founder and joint managing director of Motilal Oswal Financial Services, stated, "Over the Indian stock markets, the real fight is the ongoing FII selling, which has been in the neighbourhood of $1 billion on a daily basis for the previous few days."
"For the time being, the FIIs have left India, but they would have a difficult re-entry if they chose to return to Indian stocks," Agrawal warned.
Overtaking the British Economy
It has surpassed the UK in terms of market capitalization for the first time, becoming the world's sixth largest stock market.
India has a market capitalization of $3.16674 trillion, compared to $3.1102 trillion for the United Kingdom.
The total market capitalization of the globe is $106.54 trillion, with India accounting for 2.97 percent of that.
The Most Important Markets
With 43.2 percent of the global market value, the United States is the largest contributor.
With a market value of $47.32 trillion, the United States is at the top.
China ($11.52 trillion), Japan ($6 trillion), Hong Kong ($5.55 trillion), Saudi Arabia ($3.25 trillion), and India ($3.16 trillion) are the next largest economies.
Following India are Canada ($3.12 trillion), the United Kingdom ($3.11 trillion), France ($2.71 trillion), Germany ($2.18 trillion), and Taiwan ($2.06 trillion).
Saudi Arabia is the sole victor.
Saudi Arabia had a good month, accumulating $442 billion in MCap.
It is presently the world's second-largest crude oil exporter, and its stock markets have risen as crude oil prices have reached historic highs.
Apart from Saudi Arabia, all of the world's major financial markets have incurred losses as a result of the ongoing conflict in Ukraine.
War-related losses
The United States has lost roughly $6.6 trillion, China $1.48 trillion, Japan $622 billion, and Hong Kong $524.31 billion since the beginning of December.
When the Russian invasion began late last month, India's market capitalization dropped by roughly $357.05 billion.
Despite the spike in crude, Indian stocks performed admirably, according to Morgan Stanley.
The Indian Market's Strength
It noted a number of variables, including a shift in macro financing to FDI, a decrease in GDP's oil intensity, high real relative policy rates, and a strong domestic bid on equities.
India's lower losses relative to other nations, as well as record levels of cash raising through initial public offerings (IPOs) in 2021, helped it ascend the market value ladder.
117 firms raised $16.2 billion in the last year by going public.
The conflict has had an impact on FIIs equity markets, particularly in India, leading to continuous selling by foreign institutional investors (FII).
According to a Moneycontrol analysis, the United States is the largest market in the world, with a value of $47.32 trillion, followed by China ($11.52 trillion), Japan ($6 trillion), and Hong Kong ($5.55 trillion).
All major global stock markets, with the exception of Saudi Arabia, have lost value as a result of the Russia-Ukraine crisis.
According to the survey, leading markets have lost value from the beginning of December last year: the US has lost roughly $6.6 trillion, China has lost $1.48 trillion, Japan has lost $622 billion, and Hong Kong has lost $524.31 billion.
India has lost a lot less money since the beginning of the year: $257.35 billion.
According to Morgan Stanley, despite the surge in crude, Indian equities performed admirably, likely owing to a combination of a shift in macro financing mix to FDI, lowering oil intensity in GDP, high real relative policy rates, and a strong local buy on stocks.
"Positive attitudes about election results, as well as reports that the war in Ukraine appears to be nearing to an end, have assisted market recovery during the last several days. Russia and Ukraine have shown signs of reconciliation, and their foreign ministers are scheduled to meet again today "In an exclusive interview with CNBC-TV18 on March 10, Nilesh Shah, managing director of Kotak Mahindra Asset Management Company, remarked.
Global equity markets, particularly in India, have taken a beating, owing to continued selling by foreign institutional investors (FII).
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