According to Bloomberg, India's market cap has grown by 37% to $3.46 trillion this year. At the same time, Britain's market cap has increased by 9% this year to $3.59 trillion.
India's equity market has come close to overtaking the UK in terms of market value.Soon the Indian stock market can be included in the club with the top-5 market value of the world.Record low interest rates and retail investments are playing an important role in taking India's stock market to record highs.
According to Bloomberg, India's market cap has grown by 37% to $3.46 trillion this year.At the same time, Britain's market cap has increased by 9% this year to $3.59 trillion.If we look at the secondary listings and depositary receipts, then this figure is very important.
India is looking ahead in many ways when comparing the market of India and UK.Due to India's high growth potential and active technology sector, startups are growing rapidly in the country.The market is benefiting from this.This is also important because at present there has been a big reduction in investment from China.At the same time, for Britain, the matter related to Brexit is affecting the market.