As the world market cap hit a new record, India is among the top five countries that saw their market share grow the most since the previous high three years ago.
Bloomberg World Exchange Market capitalisation crossed $72 trillion this month, growing 16 percent over the past three years. China’s share rose the most from 5.4 percent to 9.3 percent, and is followed by the US, India, Hong Kong and Japan. The five are among 16 countries that contribute nearly 87 percent to the world's market capitalisation.
Brazil, the UK and Australia saw their market capitalisation fall the most during the period.
(This article was first published on BloombergQuint)