Indian Stock Market achieved a big achievement, became the fourth largest market in the world by defeating Hong Kong.

23rd January has brought great good news for the Indian stock market. On Tuesday, India became the fourth largest stock market in the world. This is the first time that India has reached fourth position. Indian stock market has achieved this feat by defeating Hong Kong.

The combined value of all the shares in the Indian stock market has now increased to 4.33 trillion dollars. At the same time, the value of the stock market in Hong Kong has come down to only 4.29 trillion dollars. In such a situation, India has become the fourth largest and strongest stock market in the world. Earlier, on December 5 last year, the Indian stock market had succeeded in crossing the four trillion dollar mark for the first time. Talking about the Indian stock market, in the last four years only, India has succeeded in adding two trillion dollars to this amount.

Currently, India is the fastest growing economy in the world. Many economic reforms are taking place in India, due to which India has become a favorite of investors. Talking about the present, America’s is the largest and strongest stock market in the world. The value of America’s stock market remains at $50.86 trillion. The value of China’s stock market is 8.44 trillion dollars and it is in second place. Japan is at third place, which has a value of 6.36 trillion dollars.

Indian shares are witnessing a huge rise in the last one year. This year also the interest rates of central banks around the world may be reduced. If this happens, investors will have more confidence in the Indian market. There may be a rise in the Indian stock market in the coming days. If we talk about Indian equity markets, there has been a continuous growth in it for the last eight years. A decline has been seen in Hong Kong. China has also seen a decline for the second consecutive year.