Indian Equity Markets Surge Nearly 14% in June Quarter, Leading Global Top 10

Indian stock indices delivered an outstanding performance in the June quarter of FY 2024-25. During the April-June period, Indian stock market capitalization surged by 13.8 percent, the highest among the top 10 global stock markets.

Currently, the Indian equity market ranks as the fifth largest in the world with a market capitalization of $5 trillion.

Between April and June, the US markets, the world’s largest stock market, saw their valuation rise by 2.75 percent to $56 trillion.

In contrast, China’s equity market, the world’s second-largest, experienced a decline of 5.59 percent in valuation, reducing its capitalization to $8.6 trillion.

Following India, the markets of Taiwan and Hong Kong increased by 11 percent and 7.3 percent, respectively, during the same period. Taiwan’s market valuation rose to $2.49 trillion, while Hong Kong’s increased to $5.15 trillion.

Meanwhile, the United Kingdom’s stock market valuation grew by 3.3 percent to $3.2 trillion.

Among the top 10 markets, Saudi Arabia’s stock market experienced the largest decline, falling by 8.7 percent to $2.67 trillion. The French stock market followed with a decrease of 7.63 percent to $3.18 trillion, and Japan’s market fell by 6.24 percent to $6.31 trillion.

Since 2023, the Indian stock market has been on a bullish trend. Last year, the valuation of India’s stock market rose by over 25 percent. In June alone, both the Sensex and Nifty rallied by nearly 7 percent.