India's $4TN Market Draws Billions of Dollars

Published On: February 06, 2024 - A surge of domestic and foreign investments is reshaping the financial horizon in India's $4 trillion stock market. Investors are turning to this fast-growing alternative to China, undeterred by concerns over pricey shares, upcoming elections and regulatory uncertainties. The influx of investments has lifted the benchmark NSE Nifty 50 Index, opening a new chapter with a one-third increase in the last 10 months that attracted $20 billion in foreign inflows in 2023, according to India's national depository data.