The rally in Indian equities over the past month is likely to have left overall market capitalisation at almost US$4trn, and on the cusp of overtaking Hong Kong’s equity market to become the seventh largest in the world. Further gains are likely next year. Meanwhile, for all the headway made in reaching agreements at COP28, India still faces a monumental task in reducing its reliance on coal over the coming decades.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services