India’s stock market is currently the fifth largest in the world, and is expected to reach US$10 trillion in market size by 2030.
Global brokerage firm Jefferies claims that there are many possibilities available to investors in the corporate sector that focus on return on equity (RoE), which includes 167 businesses with a market value of over US$5 billion.
India briefly surpassed Hong Kong to become the world’s fourth-largest equities market for the first time.
According to a January 2024 Bloomberg report, the aggregate value of shares listed on Indian exchanges was US$4.33 trillion, while Hong Kong’s share value was US$4.29 trillion.