The Indian stock market is on track to become the world’s seventh largest

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According to Financial Times the Indian stock market is on track to become the world’s seventh largest after replacing Hong Kong. The gap between India and Hong Kong’s market capitalization narrowed at the end of October. The Indian stock market was valued at $3.7 trillion, where as Hong Kong at $3.9 trillion according to data from the World Federation of Exchanges.  Actually this is good news as Indian economy is growing very fast and making India stronger.

Today India comes among top five economies and it is growing very fast. Although population of India is very large but still economy of India is growing making the country develop. This news is actually good as Indian stock market is on track to become world’s seventh largest and making Indian proud so that in whole world everyone knows India. Right now India is growing very fast and in every field India is becoming best. For this reason everyone knows India and respect because of this achievement.

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