China Stimulus: Will It Impact India?
Chinese policymakers have escalated efforts to bolster the economy and stabilise the markets, reflecting concerns about a recovery hindered by a property crisis, deflationary pressures, and weakened consumer confidence. The report examines if these measures will impact the stock market in India
As of January 23, 2024, India’s market capitalisation reached USD 4.33 trillion, positioning itself as the world’s fourth-largest market by market capitalisation. This achievement surpasses Hong Kong’s market capitalisation, solidifying India’s position just behind the United States, China and Japan in the global equity market. The ascent of India’s equity market is not solely attributed to its positive gains but is equally influenced by Hong Kong’s decline, contributing to India’s rise to the fourthlargest market capitalisation.