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India overtakes Hong Kong as ‘superpower’ in shares

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New Delhi: Rocket speed in the Indian stock market.New Delhi: India has seen a surge in the global stock market. According to reports, India has surpassed Hong Kong to become the fourth largest stock market in the world.

The United States is in first place, China is second and Japan is in third place. And then there was Hong Kong. And this time India came in fourth place, leaving Hong Kong in a flash. According to data from Bloomberg, the total value of shares listed on Indian exchanges ended up at $4.33 trillion, while Hong Kong’s hold reached $4.29 trillion, according to data from Bloomberg. This makes India the fourth largest equity market in the world.

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