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Indian Stock Market Overtakes Hong Kong to Become 4th Largest Globally.

Economy & Business | Dated: 30 Jan 2026

The Indian stock market has overtaken Hong Kong to become the fourth-largest equity market in the world. The combined value of shares listed on Indian exchanges reached $4.33 trillion, surpassing Hong Kong's $4.29 trillion. The growth is driven by a rapidly growing retail investor base and strong corporate earnings.

🎯 Key Highlights:

  • The US remains the world's largest market, followed by China and Japan.
  • India's market capitalization crossed $4 trillion for the first time in December 2023.
  • Hong Kong has seen a slump due to China's economic slowdown.

💡 Other Important Facts:

  • Milestone: 4th Largest Market.
  • Overtook: Hong Kong.
  • Value: >$4.33 Trillion.

📚 Test Your Knowledge:

Which country's stock market recently surpassed Hong Kong to become the fourth largest in the world?

Correct Answer: India

🚀 Quick Recap:

About Stock Exchanges

  • BSE – Oldest in Asia (1875)
  • NSE – Largest in India