Summary
India’s outperformance is largely due to the continuous buying by local investors. They have cumulatively invested $34 billion in Indian stocks over the past year, while foreign investors have withdrawn $25 billion.
India’s share of the total value of global equities has reached its highest level in a decade, driven by a sharp outperformance of Asia’s third largest economy bolstered by an influx of domestic money. The country’s share of global market capitalization increased to 3.1% on a three-month rolling basis, according to data from Bloomberg. India’s share fell to the lowest level of 2.1% in March 2020. It has been expanding continuously since then. Long term for the country
- font size
cryyoung
cryAverage
crybig
Why ?
Economic Times exclusives, editorials and expert opinions Across more than 20 sectors
-
Inventory analysis. Find the store. Industry trends Over 4000+ Shares
-
Clean experience with
Minimal ads -
Comment and share With the ET Prime community -
exclusive invitations for Virtual events with industry leaders -
Trusted team of Journalists and Analysts Who can filter the signal from the noise better
