Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
India Stock Value Tops $4 Trillion, Narrowing Gap With Hong Kong
Posted
December 7, 2023
Views
2,211
Likes
72
Engagement
3.26%
December 7, 2023
2,211
72
3.26%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:00Now PlayingIndia’s stock market value reached more than $4 trillion Tuesday for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong.
The market capitalization of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers in the region as well as the emerging world.
Already trading at all-time high levels, India’s key stocks benchmarks have risen more than 13% this year and are headed for an unprecedented eighth-straight year of gains. In contrast, the key Hong Kong equity measure has fallen 17%, with the market’s total value dropping to less than $4.7 trillion.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
