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India overtakes Hong Kong to become fourth-largest stock market

New Delhi [India], January 23 (ANI): The Indian stock market has pipped Hong Kong to become the fourth-highest equity market globally, Bloomberg reported.
The combined value of shares listed on Indian exchanges reached USD 4.33 trillion as of Monday’s close, versus USD 4.29 trillion for Hong Kong, according to data compiled by Bloomberg.
India’s stock market capitalization crossed USD 4 trillion for the first time on Dece