Indian stock market makes it back into top 5 club across the world as Adani stocks revive
The Indian market had lost the spot to France in January, but now has regained this position led by a strong rebound in the Adani group shares from the recent rout.
Indian stock market reclaimed its position as the world’s fifth largest market amid a strong rally fueled by foreign fund inflows, improving domestic macros and a rebound in Adani group stocks. India’s market capitalisation surpassed France to reach $3.3 trillion as on Friday, Bloomberg reported.
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