India has reclaimed its position as the world's fifth-largest stock market with a market capitalization of $5.05 trillion, overtaking Taiwan and South Korea. While recent currency fluctuations had temporarily pushed India to seventh place, a recovery in the domestic market combined with a sell-off in semiconductor and AI stocks in Taiwan and Korea led to the shift. The US remains the world's largest market, followed by China, Japan, and Hong Kong. Indian indices Nifty and Sensex showed robust growth in June compared to global peers.
https://sambad.in/india-and-beyond/indian-equity-market-returns-to-fifth-position-taiwan-and-south-korea-slip-in-rankings-12116853
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