India’s stock mkt valuation reaches $4tn for the first time ...Middle East

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India’s stock mkt valuation reaches $4tn for the first time
India's stock market, the world's fifth largest, is on the verge of reaching a $4 trillion valuation for the first time. The market capitalization of securities listed on the nation's exchanges has tripled since the pandemic low in March 2020. The recent victory of Prime Minister Narendra Modi's ruling party in state elections has reduced political risk and increased investor confidence. India's stock market is benefiting from a surge in investments by retail traders, resurgent foreign inflows, and its position as an alternative to China for global investors and companies.

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