business

India reclaims fifth-largest equity market

June 29: India’s equity market has regained its position as the world’s fifth-largest by market capitalisation, with the combined value of listed companies exceeding $5 trillion. The milestone reflects improving investor sentiment, supported by sustained domestic investment, resilient corporate performance, and a recovery in benchmark stock indices.

The rise in market value has been driven by broad-based gains across sectors, helping Indian equities recover from earlier bouts of global market volatility. Strong participation from domestic institutional and retail investors has continued to underpin the market despite external economic and geopolitical uncertainties.

Market experts said the achievement highlights the strength of India’s capital markets and the country’s long-term economic growth prospects. They added that favourable corporate earnings, steady economic activity, and consistent domestic inflows have reinforced investor confidence.

Looking ahead, investors are expected to remain focused on global economic conditions, geopolitical developments, inflation trends, and central bank policy decisions, which could influence the direction of equity markets in the near term.

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