Indian equity markets surge nearly 14% in June quarter, leads in world’s top 10
The Indian equity markets have shown remarkable growth, with a nearly 14% surge in the June quarter, placing them among the top performers globally. This surge reflects robust investor confidence and positive sentiment towards Indian stocks during this period.
Currently, the Indian equity market is the fifth largest stock market in the world, boasting a market capitalization of $5 trillion.
Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. Between April and June, the market capitalization of Indian stocks surged by 13.8 percent, marking the highest growth among the world’s top 10 stock markets.
Since 2023, the Indian stock market has been experiencing a bullish trend. Over the past year, India’s stock market valuation surged by over 25 percent. In June, both the Sensex and Nifty indices saw robust gains, rallying by nearly 7 percent.
Between April and June, the market valuation of US markets, the world’s largest stock market, increased by 2.75 percent to $56 trillion.
The valuation of China’s equity market, the world’s second-largest stock market, has declined by 5.59 percent between April and June. The capitalization of the Chinese stock market has reduced to $8.6 trillion.
After India, the markets of Taiwan and Hong Kong surged by 11 percent and 7.3 percent respectively between April and June. The market valuation of Taiwan and Hong Kong has increased to 2.49 trillion and 5.15 trillion respectively.
At the same time, the valuation of the United Kingdom’s stock market has increased by 3.3 percent to $3.2 trillion.
Among the top 10 markets, Saudi Arabia’s stock market valuation has declined the most by 8.7 percent to $2.67 trillion. After this, the valuation of the French stock market fell by 7.63 percent to $3.18 trillion. At the same time, the valuation of Japan’s stock market has fallen by 6.24 percent to $6.31 trillion.
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