According to data by Bloomberg, India has slipped to the 7th position in global market capitalization (mcap) with a valuation of $4.84 trillion, while South Korea has ascended to the 6th position with $5.01 trillion.
The USA leads the global mcap rankings with $79.1 trillion, followed by China, Japan, and Hong Kong. Additionally, India’s share in the Morgan Stanley Capital International (MSCI) Global Standard Index has decreased from 21% in September 2024 to 12.3%.